EUR/USD and Cable Held Floors; Dollar-Yen Reversed

Euro-dollar closed at 1.1391 after moving from 1.1359 to 1.1496 and finishing down 0.76% across the five sessions; cable ended at 1.3243 after ranging from 1.3204 to 1.34 and falling 1.09%; dollar-yen closed at 157.28 after trading between 156.57 and 159.04 and rising 0.19% on the week 📉💱

The clearest weekly confirmation came in dollar-yen, where 156.57 held but the final session dropped 0.98%, leaving price near the lower part of the range and below both longer-term averages.

The move was framed as less one-sided than the European pairs, with a change in rate expectations or a shift toward a less supportive risk tone for the dollar helping explain the reversal in dollar-yen.

Going into next week, 156.57 remains the key test for dollar-yen, while euro-dollar and cable are still stuck near the bottoms of their ranges and below their longer-term averages. The Money Mosaic reviews which floors held, which charts stayed heavy, and whether the next break comes from support or a recovery.