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Australian dollar weakens against US dollar amid crucial Chinese economic data release

The Australian Dollar weakens amid a strong US Dollar and mixed economic signals, particularly from China. Upcoming US labor data may further impact AUD/USD dynamics, highlighting potential trading opportunities. – vtmarketsmy.com

EUR/USD stays near 1.1650 as bearish RSI shows decreasing momentum

EUR/USD stabilizes around 1.1650 after losses, hinting at potential declines towards 1.1589. With inflation falling in the Eurozone and strong U.S. job data, traders should brace for volatility. – vtmarketsmy.com

Gold prices decline in Saudi Arabia according to recent sources.

Gold prices have dropped in Saudi Arabia, but central bank demand and geopolitical instability suggest a potential upward trend. A weakening US Dollar may bolster gold’s appeal as a safe-haven asset. – vtmarketsmy.com

Japan’s Coincident Index declines from 115.9 to 115.2 in November

Japan’s coincident index dipped to 115.2 in November, signaling economic slowdown. Amid weakening business confidence, traders may benefit from maintaining long positions in USD/JPY while hedging against potential Nikkei 225 declines. – vtmarketsmy.com

In November, Japan’s Leading Economic Index reached 110.5, surpassing the expected 110.4.

Japan’s economic index rises, hinting at growth, while the USD strengthens ahead of crucial US jobs data. A weak report could shift markets significantly, affecting currencies and gold prices. – vtmarketsmy.com

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