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In uncertain markets, the Australian dollar hovers around 0.6715 after retreating from 0.6740.

The AUD/USD dropped to 0.6715 as the US Dollar gained strength. Key economic data and divergent central bank policies suggest a potential rally for the Aussie, making trading opportunities enticing. – vtmarketsmy.com

Consumer confidence in Mexico rises to 44.8 in December, up from 44

Mexico’s consumer confidence rose to 44.8, signaling a positive economic trend. With foreign investments growing and cautious monetary policy, the Mexican Peso shows potential stability ahead. – vtmarketsmy.com

In December, consumer confidence in Mexico increased from 44.2 to 44.7

Mexico’s consumer confidence rose slightly, hinting at stability amid mixed economic signals. Market caution persists as key US labor reports approach, influencing strategies in forex and cryptocurrencies. Stay prepared! – vtmarketsmy.com

USD/JPY rises towards 156.50 during the European session as focus shifts to US NFP data.

USD/JPY is rising near 156.50 amid a US Dollar recovery ahead of crucial Nonfarm Payroll data. Traders anticipate further declines for the currency pair, eyeing options for potential profits. – vtmarketsmy.com

Commerzbank reports that OPEC+ plans to maintain production levels until March, with minor adjustments.

OPEC+ will maintain current production levels until March, with Saudi Arabia cutting prices to attract demand. Weak oil demand signals suggest limited price rallies ahead, prompting traders to adopt cautious strategies. – vtmarketsmy.com

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