USD/BRL consolidates near September lows – Société Générale

USD/BRL remains range-bound after hitting an interim low near 5.27, with momentum indicators showing potential for a pause in the downtrend, Société Générale's FX analysts note.

Break above 5.43 key for rebound

"USD/BRL has consolidated in a range after forming an interim low near 5.27 in September. The daily MACD shows positive divergence, indicating a slowdown in downward momentum; however, price action has yet to confirm a meaningful rebound."

"Move beyond the recent pivot high at 5.43 is crucial for signalling a short-term up move. Failure to defend 5.27 could lead to extension in decline towards 5.20/5.18 and the lower boundary of the channel drawn since December 2024 near 5.10."

Dec 4, 2025

USD/JPY falls below 155 amid softer US Dollar – MUFG

USD/JPY dropped below 155 as a weaker dollar and lower US yields provided support, while markets anticipate a potential BoJ rate hike.

EUR/GBP Price Forecast: Euro bounces from 0.8737 lows with bears still in control

The Euro is picking up from five-week lows near 0.8735 on Thursday, as the Pound loses steam, following Wednesday’s rally. The pair, however, maintains its bearish trend intact, with technical indicators pointing lower and investors upbeat about the details of the UK budget.