USD slightly firmer on Fed 2026 cut revisions – OCBC

The US Dollar (USD) edged higher as markets scaled back expectations for Fed cuts in 2026, with the Dollar Index (DXY) hovering near 99, while investors await a busy week of US labor and trade data, OCBC's FX analysts Frances Cheung and Christopher Wong note.
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USD/JPY: Below 154.65, a sustained decline is possible – UOB Group

US Dollar (USD) could edge higher, but momentum does not appear to be strong enough to break clearly above 156.20. In the longer run, for a sustained decline, USD must first close below 154.65.
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