The week opens with markets focused on the Fed meeting (16–17 Sep), where a 25 bps cut is widely expected. Powell’s tone and the dot plot will determine the short-term direction for the dollar, yen and gold. 💵 Dollar (DXY): The U.S. Dollar Index is holding around 97.6, slightly firmer into the Fed. Any move to slow the pace of projected 2026 easing could lift the dollar; a dovish tilt would likely cap upside momentum. 💴 Yen (USD/JPY): USD/JPY trades close to 147.5 as markets await the Fed and the BoJ (18–19 Sep). The BoJ is expected to hold rates at 0.5%, but any hint of earlier tightening — or stronger intervention rhetoric — would push USD/JPY lower. 🥇 Gold & Safe Havens: Gold is consolidating near $3,635–3,645/oz after last week’s record at $3,674. With real yields subdued and policy uncertainty elevated, dips remain shallow — though a hawkish Fed could cause a temporary correction. 📈 Rates snapshot: The U.S. 10-year yield trades near 4.06%, keeping both gold and the yen highly sensitive to surprises in Fed guidance. Trading takeaways (not financial advice): Gold: Bias stays buy-the-dip; watch $3,600/3,575 as supports and $3,675+ as breakout levels. USD/JPY: Key range 146.8–148.5. Dovish Fed with steady BoJ favours a drift lower; hawkish dots risk a topside probe. DXY: Expect two-way trade into Wednesday — rallies face resistance if Powell reinforces gradual easing. 👉 Open your account today: https://account.nordfx.com/account/register?id=1187185 ⚠️ Trading involves risk. Stay disciplined and use stops. 🌐 Mid-September Trends: Dollar, Yen & Safe Havens was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this storyThe week opens with markets focused on the Fed meeting (16–17 Sep), where a 25 bps cut is widely expected. Powell’s tone and the dot plot will determine the short-term direction for the dollar, yen and gold. 💵 Dollar (DXY): The U.S. Dollar Index is holding around 97.6, slightly firmer into the Fed. Any move to slow the pace of projected 2026 easing could lift the dollar; a dovish tilt would likely cap upside momentum. 💴 Yen (USD/JPY): USD/JPY trades close to 147.5 as markets await the Fed and the BoJ (18–19 Sep). The BoJ is expected to hold rates at 0.5%, but any hint of earlier tightening — or stronger intervention rhetoric — would push USD/JPY lower. 🥇 Gold & Safe Havens: Gold is consolidating near $3,635–3,645/oz after last week’s record at $3,674. With real yields subdued and policy uncertainty elevated, dips remain shallow — though a hawkish Fed could cause a temporary correction. 📈 Rates snapshot: The U.S. 10-year yield trades near 4.06%, keeping both gold and the yen highly sensitive to surprises in Fed guidance. Trading takeaways (not financial advice): Gold: Bias stays buy-the-dip; watch $3,600/3,575 as supports and $3,675+ as breakout levels. USD/JPY: Key range 146.8–148.5. Dovish Fed with steady BoJ favours a drift lower; hawkish dots risk a topside probe. DXY: Expect two-way trade into Wednesday — rallies face resistance if Powell reinforces gradual easing. 👉 Open your account today: https://account.nordfx.com/account/register?id=1187185 ⚠️ Trading involves risk. Stay disciplined and use stops. 🌐 Mid-September Trends: Dollar, Yen & Safe Havens was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story