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During European trading, the USD/JPY pair stays near its yearly high of 158.20 amid rising tensions.

USD/JPY nears yearly highs at 158.20 amid Fed Chair Powell’s charges and potential Japanese elections. Traders should prepare for volatility as inflation data looms, influencing market direction. – vtmarketsmy.com

High prices don’t deter strong market participation and structure health.

The S&P 500 shows over 54% of stocks above their 200-day average, indicating market strength. However, narrowing leadership raises concerns as buyer confidence weakens. Caution is advised in trades. – vtmarketsmy.com

Euro struggles against the Pound at 0.8670 despite positive Eurozone data

EUR/GBP struggles below 0.8700 as geopolitical tensions and diverging economic signals weigh heavily. With Eurozone confidence waning, traders may find opportunities in put and call options strategies. – vtmarketsmy.com

Despite rising oil costs and foreign fund withdrawals, the Indian Rupee stays stable against other currencies.

Rising oil prices and foreign fund outflows pressure the Indian Rupee. With crucial US-India trade talks looming, volatility is expected. Traders should explore strategies to capitalize on potential price swings. – vtmarketsmy.com

AUD/USD pair rises 0.35% during European trading, nearing 0.6710 near the EMA

The AUD/USD gained 0.35% amid US Dollar weakness, driven by allegations against Fed Chair Powell. With crucial US CPI and Australian employment data ahead, traders should prepare for volatility and potential bullish opportunities. – vtmarketsmy.com

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