The US dollar is broadly falling in Asia trade

  • Lower US yields, expectations for Federal Reserve rate cuts, and perhaps worries over US economic health the themes.
EURUSD hourly candles 05 September 2025 2

The US dollar is losing ground broadly during the session here.

I posted on some support from JPY a few minutes ago:

But the bigger picture view is the USD weakness is not about the BoJ and the yen, its broader. You don't have to loo too far a narrative to support a view for a lower dollar, and for today such a narrative is in the drivers seat.

EUR, AUD, NZD, GBP .... well just about everything, up against the USD.

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