Yen Surges on Tokyo Warning, but Oil and Yields Still Set the Broader FX Tone

Yen surged broadly Monday, pushing USD/JPY through 157, after Japan's Vice Finance Minister Atsushi Mimura sharpened Tokyo's intervention warning, saying markets should take the coordinated Japan-US message on Yen weakness "at face value.

Bitcoin Faces a Five-Wave Reckoning at 85,132, but 100K Is Still in Play

Bitcoin may have completed a five-wave advance at 87,354, with 85,131.78 the pivot that decides whether the correction starts—but a pullback toward the 75,000–76,000 base could leave the broader rise intact and keep 100,000 in play.

Gold’s Rate Problem Turns Technical as 4,230 Fibonacci Support Gives Way

Gold broke below 4,200 on Monday after taking out 4,234.68 and the 61.8% retracement at 4,230.70, turning a persistent oil-to-rates headwind into technical damage. 4,113.82 is the next momentum test, and 3,937.19–3,942.43 is the larger structural verdict.

How Much Further Can the Dollar Run After Last Week’s Broad Rally?

The Dollar Index closed near 101.03 after a hawkish Fed-driven rally, but it’s now approaching genuine resistance at 101.80–102.86 rather than emerging from support—clearing that zone likely requires the 10-year Treasury yield, not the already-stretched 2-year, to extend further.

ECB’s Lagarde Sticks to “Middle Path” as Higher Yields Tighten Conditions

EUR/USD Daily Outlook