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USD/JPY rises to 153.60 as the US Dollar seeks stability ahead of the Fed decision

The US Dollar rebounds slightly before the Fed’s decision, trading at 153.60 Yen. With the Fed likely to pause rate cuts, attention shifts to the BoJ’s tightening stance and wage growth implications. – vtmarketsmy.com

After the BoC’s decision, focus shifts to global risks and trade as rates remain unchanged.

The Bank of Canada keeps rates at 2.25%, hinting at possible cuts amid weak economic growth. Investors should prepare for CAD weakness and consider long positions in Canadian bonds. – vtmarketsmy.com

Scott Bessent: The Federal Reserve keeps control over rate decisions while staying open-minded

Federal Reserve rate decisions remain pivotal, influencing the US Dollar amid rising market volatility. Treasury Secretary’s call for open-mindedness hints at potential policy changes, increasing uncertainty for investors. – vtmarketsmy.com

The Canadian dollar stays stable against the US dollar while traders await the Fed’s decision

The USD/CAD pair remains stable as the Bank of Canada holds rates at 2.25%. Market focus shifts to the Federal Reserve’s upcoming decision, influencing both currencies and trading strategies. – vtmarketsmy.com

Macklem, Governor of the Bank of Canada, shares insights after maintaining the policy rate and indicating trade shifts with the US.

The Bank of Canada holds interest rates at 2.25%, forecasting slow growth amid US tariff impacts. The Canadian dollar strengthens, while geopolitical factors weaken the US dollar, influencing trade strategies. – vtmarketsmy.com

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