Scotiabank’s latest forecast signals a continued upward bias for GBP/USD, supported by the UK’s surprising economic resilience, the Bank of England’s commitment to restrictive policy, and waning dollar strength. While short-term volatility may persist, the pound looks positioned for further gains against the dollar in the near term.
Brazil’s Receita Federal now requires foreign and DeFi crypto platforms to report monthly transactions over 30,000 BRL (about $6,560 USD) per user. This expands compliance beyond domestic exchanges and aims to enhance tax transparency in the crypto space. Adapted from Skerdian Meta, FXLeaders.com.
USD/JPY holds above 156 as Fed’s higher-for-longer stance supports the dollar, while the Bank of Japan stays passive amid economic divergence. Yield gap remains wide, keeping pressure on the yen despite technical resistance near 156.75. Markets watch for upcoming data and potential BoJ moves. #Forex #USDJPY
Here’s a tweet summarizing the expanded Forex forecast article by Justin Bennett from DailyPriceAction.com with added insights:
This week’s Forex forecast (Nov 24–28, 2025) analyzes key pairs—DXY, EUR/USD, GBP/USD, USD/CAD, and Gold—with detailed technical levels and fundamental factors. Expect low volatility due to U.S. Thanksgiving, but watch critical support and resistance zones amid shifting Fed policy expectations and Eurozone data. Full insights include:
– DXY consolidation near 106 resistance; Fed rate decisions key
– EUR/USD testing 1.0930 resistance amid ECB dovishness
– GBP/USD recovery with focus on UK economic signals
– USD/CAD influenced by oil price trends and BoC outlook
– XAU/USD reacts to inflation and rate cut speculation
Stay tuned for range-bound setups and potential breakout trades as global macroeconomic dynamics unfold.
Vigor’s relentless defense and clutch plays fueled their hard-fought victory over Central-Clay County, propelling the Wolves into the 5A semifinals. A true testament to grit and determination on the road to the championship! #5APlayoffs #VigorWolves
EUR/USD has declined amid rising macroeconomic uncertainties and divergent central bank policies. Geopolitical risks in Europe and cautious ECB guidance contrast with the Fed’s hawkish stance, driving demand for the US dollar. Key support at 1.0650 will be critical; a break lower could see further downside ahead. Traders should watch technical levels as market sentiment remains fragile.
FX strategists are closely watching the Japanese yen as USD/JPY nears 155, a level that has historically triggered intervention by Japanese authorities. Divergent monetary policies and widening interest rate gaps continue to weaken the yen. Market volatility and cautious positioning signal rising expectations of potential government action to support the currency.
USD/JPY stays elevated above 156 amid BOJ’s quiet stance and robust US yield advantage. Divergent monetary policies, firm support at 156, and bullish technicals hint at further upside, with 157.50 and 160.00 as key targets. Yen remains pressured by carry trade dynamics.
Weekly Forex Forecast (Nov 24–28, 2025) by Justin Bennett, DailyPriceAction.com:
DXY tests resistance near 106.30—breakout could push toward 107.50–108.00; support sits at 105.00 and 104.30.
EUR/USD trades within a rising wedge; a break above 1.0950 may target 1.1050, but bearish RSI warns of possible reversal.
GBP/USD rebounds from 1.2200 support, eyes resistance near 1.2400–1.2450; a break is needed to confirm bullish momentum.
USD/CAD remains trapped between 1.3500 support and 1.3700 resistance amid mixed commodity cues.
Gold (XAU/USD) consolidates near key 1950 support; a move above 2000 could spark fresh upside.
Watch central bank signals and economic releases for directional clues during this holiday-shortened week.
Vigor secures a hard-fought 14-7 victory over Central-Clay County to advance to the Class 5A semifinals. A strong defensive effort and clutch plays from QB Michael Simpson paved the way for this milestone win. Next stop: the state semifinals. #5APowers
