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EUR/JPY remains steady around 177.00 as Eurozone and Japanese data diverge

The EUR/JPY pair remains stable near 177.00, influenced by mixed Eurozone data and a hawkish Bank of Japan. Traders eye low-volatility strategies as both currencies consolidate amid economic uncertainties. – vtmarketsmy.com

UOB Group analysts predict that USD/JPY could range between 153.30 and 154.40

The USD/JPY is expected to trade between 152.40 and 154.40 in the coming weeks, with low volatility providing opportunities for strategic options trading. Stay alert to potential market interventions! – vtmarketsmy.com

NZD/USD is consolidating between 0.5640 and 0.5680, with a possible decline ahead

The NZD is currently range-trading between 0.5640 and 0.5680, with analysts predicting potential weakness toward 0.5600. Watch for trading strategies to capitalize on short-term movements and interest rate influences. – vtmarketsmy.com

BBH FX analysts note that GBP/USD stays above key 1.3000 support ahead of the BOE decision.

GBP/USD remains above 1.3000 as the Bank of England holds rates at 4.00%. With persistent inflation and a looming UK budget, expect potential rate cuts and GBP weakness ahead. – vtmarketsmy.com

BBH analysts note that USD/JPY stays stable above 153.50, nearing its recent peak around 154.50.

USD/JPY stays steady above 153.50 as Japan’s wages rise. With a potential BOJ rate hike looming and government intervention risks increasing, traders should prepare for significant market volatility ahead. – vtmarketsmy.com

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