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During the Asian session, AUD/JPY is trading around 104.90 because of pressure on the Yen.

AUD/JPY is rising due to Japan’s political fiscal concerns and Australia’s potential interest rate hikes. However, geopolitical tensions and inflation data could create volatility. Use options for strategic trading in this environment. – vtmarketsmy.com

GBP/USD continues to decline, near 1.3420, with key resistance at the nine-day EMA.

GBP/USD is trading at 1.3420, facing losses amid geopolitical tensions. While the bullish trend persists, a pullback may present buying opportunities as UK inflation rises, favoring the pound over the dollar. – vtmarketsmy.com

Increased geopolitical tensions and uncertainty about BoE policy push EUR/GBP toward 0.8700

The EUR/GBP has dropped to near 0.8700 due to Ukraine-Russia tensions and cautious Bank of England policies. Traders eye upcoming German CPI data for potential further Euro declines and trading strategies. – vtmarketsmy.com

Bears are closely monitoring for a drop below the 100-day SMA at approximately 1.1665.

The EUR/USD faces pressure as the strong US Dollar, fueled by geopolitical tensions and robust jobs data, tests the critical 100-day moving average. Traders eye potential bearish trends ahead. – vtmarketsmy.com

Gold prices in Saudi Arabia remain steady, showing little change according to recent data.

Gold prices in Saudi Arabia held steady amid global uncertainty, with significant institutional demand supporting values. Traders should consider protective strategies against potential downturns while monitoring economic stability signs. – vtmarketsmy.com

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