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Recent Posts by davin

The Japanese yen rises slightly against the US dollar amid concerns over a Federal Reserve investigation

The Japanese Yen slightly strengthened against the US Dollar amid Federal Reserve scrutiny and Japan-China tensions. Watch for potential intervention as the market faces volatility and interest rate differentials. – vtmarketsmy.com

EUR/USD trades at 1.1690, up 0.4% after recovering from recent lows of 1.1620.

EUR/USD rises to 1.1690 amid strong Eurozone sentiment and a weakened Dollar due to Fed Chair Powell’s investigation. Volatility expected ahead of US CPI data; gold and Swiss Franc gain appeal. – vtmarketsmy.com

UOB Group analysts expect the USD/CNH to fluctuate between 6.9660 and 7.0160.

The USD/CNH is expected to trade neutrally between 6.9660 and 7.0160, despite conflicting economic data. Traders should explore options strategies to capitalize on anticipated volatility in the market. – vtmarketsmy.com

Despite USD weakness, USD/CAD stays above 1.3860 due to Fed independence concerns

Despite concerns over US Federal Reserve independence and declining oil prices, the USD/CAD currency pair stays strong above 1.3860, indicating a potential trading opportunity amid economic divergences. – vtmarketsmy.com

Rabobank highlights market expectations for the upcoming Federal Reserve Chair announcement and its impact on the USD.

The upcoming announcement of the new Federal Reserve Chair is stirring market uncertainty, with limited impact on the USD. Traders are strategizing for possible volatility in the EUR/USD as resistance levels loom. – vtmarketsmy.com

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