What's in store for USD pairs after rate cuts this year?

[BillyBobPimpton]

Iran/Israel will have an impact no doubt. Flight to safety.

Some analysis from Forex.com today.

USD rebound weighs on EUR/USD, mean reversion kicks in for AUD/USD. Oct 2, 2024

The USD bounce extended for a second day and now has the September high within sight. It just needs incoming data to surprise to the upside. And that has sent EUR/USD and AUD/USD lower from their cycle highs. By :Matt Simpson, Market Analyst Appetite for risk was jolted on Tuesday on reports Iran had fired over 100 ballistic missiles at Israel. This ups the ante on a war in the Middle East, which so far has mostly been fought via proxies. US data was skewed to the downside on Tuesday, with IS…