The US dollar is starting the week slightly softer, led by losses against the Japanese yen.

The Bank of England is heavily divided. Four of the nine-strong committee are pushing for faster rate cuts; another four think the opposite.

The primary trend in equities remains up, with seasonality strongly supportive of a rally into the end of the year.

After the Fed acted to cut the Federal Funds Rate by a quarter point on Wednesday, the S&P 500 went on to strike a new record high of 6,901.00 on Thursday.

The Japanese yen strengthened on Monday, approaching 155 per dollar, to reach its highest level in over a week.

A double-distribution TPO structure points to near-term rotation, while supportive volume dynamics, dovish Fed pricing, and bullish macro signals keep buy-the-dip and Santa-rally scenarios alive.

The rapid rate of spending on AI will probably continue.

With the President calling for his “voice to be heard,” the prospect of sharply lower rates in the second half of 2026 does provide a bearish backdrop to the US dollar in 2026.

Gold price prediction based on the technical analysis.

The metal market was on fire over the weekend, with Gold and Silver hitting new highs.