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FX

FX
  • DXY: ~100.4
  • USD/JPY: ~159.2
  • EUR/USD: ~1.13
  • USD/CNY: ~7.25

Takeaways:

  • USD momentum has softened slightly
  • JPY remains under pressure

⚠️ USD/JPY near 160 keeps intervention risk elevated.

➡️ FX remains range-bound with a geopolitical bias.

Sources:

  • Bank for International Settlements
  • European Central Bank