Platinum price remains under the sideways track by its fluctuation near $1815.00 level, affected by the stability of the barrier at $1840.00, which obstacles the chances of activating the bullish trend again.
The price might be forced to provide more sideways trading until gathering extra positive momentum, easing the mission of achieving the breach, to begin targeting the positive stations by its rally towards $1880.00 and $1960.00.
The expected trading range for today is between $1780.00 and $1880.00
There is no change on EURJPY pair’s negative track, due to its stability below 180.80, to approach the initial bearish target yesterday by reaching 179.75.
Providing negative momentum will increase the chances of targeting negative stations, surpassing 179.45 level, attempting to press near 178.60 obstacle.
The expected trading range for today is between 179.45 and 180.70
Natural gas price succeeded in activating with stochastic positivity, to keep its positive stability above the support at $2.620, forming some bullish waves and holding near $3.020.
The price requires providing new bullish close above $2.920 level, increasing the efficiency of the bullish scenario and reaching the positive stations at $3.100 and $3.250 level.
The expected trading range for today is between $2.920 and $3.250
The GBPJPY pair failed to settle above 210.40 level, to provide a new negative close below it, to begin forming bearish waves, to settle near 209.80 level.
The negative stability below the barrier besides the attempt of providing negative momentum by the main indicators will increase the chances of targeting the negative stations, which might begin at 219.05 reaching extra support near 208.10, while providing a positive close above the barrier will provide a chance to begin the bullish trend, to form initial target at 211.25 level.
The expected trading range for today is between 209.05 and 210.40
Coffee prices today in the domestic market continued to decrease by 1,000 VND/kg, on average maintaining at 91,900 VND/kg, anchored in the price range of 91,200-92,000 VND/kg.
In Gia Lai and Dak Lak, coffee prices were recorded at 91,800 VND/kg, down 1,000 VND/kg.
In Lam Dong, coffee prices decreased by 1,000 VND/kg, listed at 91,200 VND/kg.
The old Dak Nong area, although reduced by another 1,000 VND/kg, is still the highest price in the whole region at 92,000 VND/kg.
The USD/VND exchange rate according to Vietcombank is recorded at 25,800 VND/USD.
World coffee prices
In the world market, coffee prices remain unchanged for all terms.
According to Barchart, the September 2026 Robusta futures contract is anchored at 3,400 USD/ton, down 51 USD/ton. Down 77 USD/ton, the November 2026 futures are listed at 3,260 USD/ton. The terms from January 2027 to May 2027 are listed in the price range of 3,241 – 3,249 USD/ton.
Similarly, the December 2026 Arabica contract fell to 272.30, down sharply by 4.1 cents/lb. The March 2027 contract was offered to the market at a price of 264.70 cents/lb, down 3.75 cents/lb. Further forwards are anchored in the 259.25 – 260.70 cents/lb range.
Assessments and forecasts
Coffee prices fell sharply for the second consecutive session and hit a 3-month low. Coffee prices have been under pressure for the past 3 weeks due to the prospect of abundant global supply.
The decline in Robusta coffee prices accelerated yesterday after Robusta inventories at ICE rose to a 9.75-month high.
Favorable farming conditions in Brazil and Vietnam also put pressure on coffee prices. Rainfall higher than normal in Brazil during the current important flowering period may support the 2026/27 coffee harvest season, thereby becoming a factor causing price reduction pressure.
The Pound US Dollar (GBP/USD) exchange rate came under renewed pressure on Tuesday, briefly falling to its weakest level since late July as markets digested the latest UK public borrowing figures.
At the time of writing, GBP/USD was trading around $1.3364. The pairing remained slightly below Tuesday’s opening levels, although it had recovered somewhat from the near two-month low reached earlier in the session.
Sterling struggled on Tuesday after official figures revealed a sizeable increase in UK government borrowing, prompting fresh concerns about the limited fiscal room available to Chancellor John Healey ahead of next month’s Budget.
Data from the Office for National Statistics (ONS) showed that public sector net borrowing climbed to £18.3bn in August.
The figure was significantly higher than the £15.7bn anticipated by economists.
The larger-than-forecast deficit adds to the financial pressures facing the government and leaves Healey with less room for manoeuvre as he prepares to deliver his first Budget next month.
The US Dollar (USD) initially strengthened on Tuesday as a cautious market mood and expectations of a hawkish Federal Reserve encouraged demand for the safe-haven currency.
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However, the ‘Greenback’ subsequently surrendered most of its earlier gains following reports that Iran could be prepared to reopen the Strait of Hormuz if the US takes steps to ease military pressure.
The prospect of a reopening prompted a sharp reaction across energy markets, with Brent crude slipping below $100 per barrel for the first time in two weeks.
Lower oil prices could ease some of the inflationary pressure currently facing major economies, reducing expectations for further monetary tightening.
That said, the improvement in market sentiment remained relatively limited.
Any reopening of the Strait remains conditional, while there has so far been little indication that Washington is prepared to agree to Tehran’s demands.
Near-Term GBP/USD Forecast: UK PMIs Could Set the Tone
Attention now turns to Wednesday’s preliminary UK PMIs, which could provide the next significant catalyst for the Pound US Dollar (GBP/USD) exchange rate.
Markets are expecting activity across both the manufacturing and services sectors to lose some momentum in September as the third quarter draws to a close.
Should the figures confirm a broader slowdown in private-sector activity, Sterling could come under additional pressure.
Signs of weaker domestic growth may reinforce expectations that the Bank of England (BoE) will maintain a cautious approach to interest rates, limiting support for the Pound.
Meanwhile, the latest US S&P PMIs are also due on Wednesday afternoon.
Although they typically attract less attention than the ISM surveys, evidence that the US private sector remains resilient could bolster expectations for tighter Fed policy and lend further support to the US Dollar.
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In addition, a weekly bearish reversal signal triggered this week on a decline below last week’s low of $99.22. Last week’s price action took the form of a bearish shooting star candlestick pattern, adding to the significance of the signal and therefore the potential for bearish follow-through. Since there has been only one leg down so far in the retracement, a second leg down could follow a bounce. A falling ABCD pattern formed during the prior retracement in July, and it may occur again.
$101.15 Becomes Key Bullish Trigger
Having said that, if Tuesday’s low holds and a subsequent rally gets above Monday’s high of $101.15, the retracement may complete with bullish momentum confirmed by the successful test of support at the 20-day moving average.
2026.09.22 2026.09.22 Yen Slides as BoJ Hesitates. Forecast as of 22.09.2026
Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/
If the US Treasury pushes the Bank of Japan to raise interest rates aggressively while Sanae Takaichi’s government fuels dissent within the BoJ’s policy-making ranks, breaking the USD/JPY uptrend could prove difficult. Let’s analyze the situation and develop a trading plan.
The article covers the following subjects:
Major Takeaways
The Bank of Japan raised its overnight rate to 1.25%.
Dissenting Board of Governors members caused the yen to fall.
The derivatives market does not believe the cycle will continue in October.
Long positions can be opened with targets of 158.35 and 159.4.
Weekly Fundamental Forecast for Yen
What driver enjoys having two passengers in the back seat telling him how to drive? It’s even more frustrating when those passengers want to go in different directions. Treasury Secretary Scott Bessent is calling on the Bank of Japan to pursue aggressive monetary tightening to reverse the USD/JPY uptrend. Prime Minister Sanae Takaichi, however, opposes a sharp rate hike. Combined with rising borrowing costs, such a move could risk pushing the Japanese economy back into stagnation.
For the yen to strengthen, the market needed forceful hawkish rhetoric—not the vague signals from Kazuo Ueda, which have made it difficult to determine where the current tightening cycle might end or how quickly it will proceed. Two dissenting voices on the BoJ’s policy board have compounded the uncertainty. Speculators who had been betting on the government’s policy stance were forced to unwind their net-long positions in the Japanese yen since July 2025. As a result, the USD/JPY surged higher.
Changes in Hedge Funds’ Yen Positions
Source: Bloomberg.
The government did not even have to intervene directly in the foreign exchange market to push the US dollar to its lowest level against the yen since early February. Hedge funds were so concerned about the prospect of Japanese investors repatriating some of the more than $5 trillion they hold in foreign assets that they rushed to sell the USD/JPY. The logic was straightforward: raising the overnight rate to 1.25%—its highest level since 1995—could make domestic assets more attractive and encourage Japanese investors to bring money back home.
Foreign Assets Held by Japanese Investors
Source: Wall Street Journal.
However, for domestic investors, led by the GPIF, to repatriate their overseas holdings and strengthen the yen, the BoJ would need to pursue a transparent and aggressive tightening cycle. Instead, the central bank has acted too late and too cautiously. According to the Bank of Nassau, if the BoJ truly wanted to reverse the USD/JPY uptrend, it should have raised the overnight rate by 50 basis points rather than 25 and then followed up with aggressive currency-market intervention.
As things stand, two dissenting voices on the policy board and Kazuo Ueda’s vague rhetoric have left the derivatives market pricing in only a 20% probability of another BoJ rate hike in October. Under these circumstances, how could USD/JPY fall? Instead, the pair could come under renewed upward pressure, fueling speculation that Japan’s relatively low inflation rate means the central bank is unlikely to tighten monetary policy as aggressively as its global peers.
If that proves to be the case, UBS argues that any new government intervention in the currency market could actually become a reason to sell the yen. For hedge funds, it may be time to return to the bear camp.
Weekly USDJPY Trading Plan
Long positions opened at 154.4 and increased following the Fed and Bank of Japan meetings appear to have been well timed. Pullbacks could provide opportunities to add to long positions on the USD/JPY, with targets at 158.35 and 159.4.
This forecast is based on the analysis of fundamental factors, including official statements from financial institutions and regulators, various geopolitical and economic developments, and statistical data. Historical market data are also considered.
Price chart of USDJPY in real time mode
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance broker. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2014/65/EU.
According to copyright law, this article is considered intellectual property, which includes a prohibition on copying and distributing it without consent.
No news for platinum price due to its fluctuation below $1840.00 barrier, forming weak sideways trading by its stability near $1785.00, reminding you that the bullish scenario depends on the continuation of forming main support level at $1705.00, to increase the chances of gathering positive momentum in the current period.
the price success in achieving the breach will open the way for recording several gains that might begin at $1880.00, reaching the next main target near $1960.00, while the failure of the breach might force it to form some corrective trading with a chance for retesting the support before reaching any of the previously suggested positive targets.
The expected trading range for today is between $1760.00 and $1880.00
Daily yield chart of the US 2-Year Treasury showing yields easing to 4.726% during early Tuesday trading. Source: TradingView
The U.S. 2-year yield is starting to drop a bit early in Tuesday’s trading session. That being said, I think this is simply a matter of the market being a little stretched. That could lead to a little bit of U.S. dollar weakness and a little bit of risk appetite out there, so we’ll have to wait and see how this plays out.
