The Dollar fell despite a hawkish Fed vote, rising yields, and rebounding oil — all bullish macro signals — as Japan's estimated $59 billion intervention and reported US-Japan cooperation introduced a policy-risk variable that overrode them. The key question now: is this a temporary correction, or the start of a broader reversal?
Why Friday's Dollar rebound doesn't undo the week's bearish narrative, and what a volatile weekend could do next
What's happening: Dollar staged a broad rebound...
A weaker Dollar usually lifts Gold and Silver, but this week's decline is being driven by fading Fed hike bets and a stock rally rather than falling real yields or safe-haven demand — leaving precious metals without their usual tailwind.
Why USD/JPY's plunge from 163.70 to below 160 has traders asking whether Japan intervened, not just whether the BoJ will hike in October
What's happening:...