📉 Weekly Currency Forecast: USD Slips as Fed Cut Looms
The U.S. dollar is under pressure as we enter December, with markets pricing in a likely third consecutive rate cut from the Fed. Policy divergence is building—and global FX markets are moving fast.
📊 This week’s top themes:
✅ EUR/USD pushing toward 1.20 on dovish Fed vs. steady ECB
✅ GBP/USD buoyed by UK fiscal optimism, but BoE risk lingers
✅ USD/JPY at intervention risk levels — ¥160 in focus
✅ USD/INR testing RBI's resolve near 90
✅ DXY clinging to key support near 98
🧠 We’ve included updated live charts and analysis, including:
Macro drivers (Fed, inflation, shutdown effects)
Technical support/resistance levels
Central bank watch: BoJ, ECB, RBI, BoE
Event risk ahead: U.S. payrolls, ECB CPI flash, Fed decision
🔗 Read the full forecast + view charts: https://cambridgecurrencies.com/weekly-currency-forecast/
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