Four Failed Breakouts: Why Dollar, Treasury Yields and Dow Still Can’t Commit
A week of strong catalysts — a hawkish jobs report, Trump’s renewed pressure on the Fed, Yen strength, and geopolitical risk — left the Dollar, Treasury yields, and the Dow all testing key levels without breaking them, setting up September 11’s CPI report as the release that could finally force a resolution.
NFP Blows Past Forecasts—So Why Is Dollar Rebound Still Restrained?
Dollar rebounded after August nonfarm payrolls jumped from a revised 21K in July to 162K, nearly three times the 58K consensus, while June and July were revised up a combined 55K. Yet September Fed hike probability only edged up to around 60%, and Treasury yields have yet to decisively break key resistance levels.
Dollar Squeezed on Two Fronts, Gold Rebounds Sharply From Critical Support Ahead of NFP Cue
The Dollar’s selloff this week reflects two separate pressures — a Yen repricing tied to faster BoJ tightening and Fed Governor Waller’s lean toward a September hold — and Gold has rebounded sharply as an indirect beneficiary, with Friday’s NFP now the first test of both fronts at once.
USD/JPY Slides Toward 155 as GPIF Speculation Fuels Yen Rally
USD/JPY broke decisively through 157.99 to around 156, bringing the 155 area back into range, as Yen's rally gathers fresh momentum from speculation that Japan's roughly $2 trillion GPIF could raise its domestic bond allocation, on top of an already-hawkish BoJ repricing. At the same time, Brent climbed to an intraday high around $97.62, its strongest level in six weeks, as the US-Iran conflict shows signs of extending well beyond 2026.
