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Japanese CFTC net positions for JPY drop to ¥8.8K from ¥141K

Japan’s yen positions have plummeted, indicating a bearish trend. Meanwhile, the US dollar reigns supreme as gold soars to $4,500, while cryptocurrencies face significant declines. Prepare for upcoming market shifts! – vtmarketsmy.com

CFTC reports decrease in Japan’s JPY NC net positions from ¥141K to ¥88K

Speculators are unwinding their bullish bets on the Japanese yen, reducing positions from ¥141,000 to ¥88,000. This shift signals a potential rise in the USD/JPY exchange rate as the yen weakens. – vtmarketsmy.com

The S&P 500 continues its bullish trend, with forecasts predicting it will surpass 7300.

The S&P 500 is projected to maintain its bullish trend, potentially reaching 7345-7490 by April 2026. Traders should prepare for a brief dip before a rally and plan for possible corrections ahead. – vtmarketsmy.com

Tom Barkin comments on the stable labor market and the drop in unemployment rates.

Job growth is stable but narrow, mainly in healthcare and AI, as the Fed monitors uncertain market trends. Traders should hedge against volatility while considering sector-specific investments amid a patient Fed policy. – vtmarketsmy.com

The Canadian dollar remains stable against the British pound as traders cautiously react to employment data.

GBP/CAD remains stable at 1.8636 amidst Canada’s mixed employment report, with rising unemployment and slowing wage growth complicating rate hike prospects. Oil prices and economic data will influence future movements. – vtmarketsmy.com

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