Evening Insights: Monday, December 8, 2025

Short outlook by currency pair
XAUUSD
Technically, XAUUSD inched lower, declining from morning levels. However, it still keeps a positive bias, proving its safe-haven basis and giving fundamental support. The pair trades near the major $4,200 level.
EURUSD
EURUSD is posting some modest gains as well. The pair lacks a strong catalyst so far - movements are limited, with trading in a narrow 1.16400 - 1.16600 corridor as traders await the key Fed event the day after tomorrow.
USDJPY
On the back of speculation about possible tightening from the Bank of Japan and rising Japanese yields, the yen is getting some support, limiting the USDJPY’s upside move.
BTCUSD
Bitcoin is holding steady without sharp moves. It is stable but lacks clear momentum. A weaker dollar or strong risk sentiment could support BTCUSD, but for now, things look moderate.
Market sentiment
The main driver is the upcoming Fed decision. If it cuts rates or signals dovishness, the dollar may weaken further, boosting gold and riskier assets (including crypto). BoJ actions are adding volatility to currency pairs and gold. Currently, gold appears most sensitive to the dollar's softness, while EURUSD has a moderate upside. USDJPY remains in wait-and-see mode, whilst BTCUSD is steady but cautious.Publication date:
2025-12-09 10:59:12 (GMT)