Macro and FX: Watch USD sentiment and BoJ hints on rate policy

This is the last macro episode before the holiday season. We talk about the upcoming macro figures this week and why they might matter less given the Fed pivot on policy rates. The USD weakening last week and we discuss whether the trend will continue into in the year. Finally, we focus on BoJ rate decision tomorrow with expectations looking for no change but markets are certain that BoJ will hint of maybe leaving negative interest rates behind at the January meeting, with Charu Chanana and Peter Garnry. Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Click here to open an account with Saxo