Market Outlook November 3, 2026 Waiting for US Midterm Election Results; USD/JPY Holds Firm Below 158, with Oil’s Rebound and Middle East Headlines in Focus
Market Outlook November 3, 2026 Waiting for US Midterm Election Results; USD/JPY Holds Firm Below 158, with Oil’s Rebound and Middle East Headlines in Focus Market Overview The currency market lacks a clear direction as traders await the results of the US midterm elections. Tokyo markets were closed for Culture Day, keeping activity limited during […]
Market Outlook 2 November 2026 Dollar Selling Prevails Ahead of the US Midterm Elections; Falling Oil and Treasury Yields Lift European Currencies
Market Outlook 2 November 2026 Dollar Selling Prevails Ahead of the US Midterm Elections; Falling Oil and Treasury Yields Lift European Currencies Market Overview At the start of the week, traders are adjusting dollar-buying positions ahead of tomorrow’s US midterm elections. USD/JPY rose to 157.99 in Tokyo but failed to reach 158.00, then slipped into […]
Market Outlook 30 October 2026 BOJ Holds Rates; USD/JPY Battles in the 157s, While Sterling Rises on Rate-Hike Expectations
Market Outlook 30 October 2026 BOJ Holds Rates; USD/JPY Battles in the 157s, While Sterling Rises on Rate-Hike Expectations Market Overview After the Bank of Japan’s policy announcement, markets are assessing the US–Japan interest-rate differential and the outlook for further rate hikes. The BOJ kept its policy rate at 1.25%, as expected. USD/JPY briefly fell […]
Market Outlook 29 October 2026 USD/JPY Holds Firm After the FOMC; Focus Turns to US GDP, PCE and the ECB Meeting
Market Outlook 29 October 2026 USD/JPY Holds Firm After the FOMC; Focus Turns to US GDP, PCE and the ECB Meeting Market Overview After the FOMC, markets are looking ahead to tonight’s key US data and ECB meeting, as well as tomorrow’s Bank of Japan meeting. The Fed held rates steady as expected. Chair Warsh […]
Bank of Canada Rate Decision — 28 October
Bank of Canada Rate Decision — 28 October Decision The Bank of Canada raised its policy rate by 25 basis points to 2.50%. The bank rate is now 2.75%, and the deposit rate is 2.45%. Background Inflation: CPI is running at around 3% and is expected to rise to about 3.5% by year-end. Average inflation […]
Market Outlook 28 October 2026 Focus on the FOMC and UK Budget; Dollar Rally Pauses, While the NZ Dollar and Pound Remain Under Pressure
Market Outlook 28 October 2026 Focus on the FOMC and UK Budget; Dollar Rally Pauses, While the NZ Dollar and Pound Remain Under Pressure Market Overview The dollar is holding near recent highs ahead of tonight’s FOMC decision, although its upward momentum has eased for now. The US Dollar Index rose to around 102.491, supported […]
Today’s Market Outlook October 27, 2026
Today’s Market Outlook October 27, 2026 Dollar Buying Broadens, Lifting USD/JPY into the Upper 157s; Caution Ahead of the FOMC Market Overview Dollar buying is dominant today as last week’s risk aversion eases. Buying in AI-related stocks has helped temper yen strength, and USD/JPY climbed to 157.88 in the London session. The rebound in oil […]
Today’s Market Outlook October 26, 2026
Today’s Market Outlook October 26, 2026 USD/JPY Rebounds Ahead of Policy Meetings; Watch Resistance in the Mid-157s Market Overview The week has begun with cautious trading as markets look ahead to a series of central bank meetings and major U.S. data releases later this week. USD/JPY has recovered from the yen’s gains late last week, […]
Today’s Market Outlook October 23, 2026 USD/JPY Rebounds from the Low 156s; Focus on Renewed Equity Weakness and U.S. PMIs
Today’s Market Outlook October 23, 2026 USD/JPY Rebounds from the Low 156s; Focus on Renewed Equity Weakness and U.S. PMIs Market Overview The yen strengthened on risk aversion earlier today, but buying pressure eased as equities recovered. USD/JPY fell to 156.08 during the Tokyo morning before rebounding into the 157s. It was bought back to […]
Today’s Market Outlook October 22, 2026
Today’s Market Outlook October 22, 2026 Broad yen strength amid falling equities and U.S. yields; focus on whether USD/JPY can extend its decline below 157 All times below are London time (BST). Market Overview Risk aversion is driving broad yen buying today, as equity markets fall. USD/JPY, which had traded around 158 through the previous […]