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Australian dollar rises against US dollar in thin holiday trading, boosted by interest rate expectations

The Australian Dollar is nearing a 14-month high against the US Dollar, fueled by potential interest rate hikes from the RBA, while the Fed signals further cuts. Key dates and strategies await! – vtmarketsmy.com

USD/JPY rises to around 156.30 during the Asian trading session, up by 0.17%

The USD/JPY is rising towards 156.30, despite the Bank of Japan’s planned rate hikes. As interest rate differentials shape trading strategies, market uncertainty creates opportunities for risk management ahead of FOMC minutes. – vtmarketsmy.com

Silver rebounds to around $73.50 after a sharp decline, driven by safe-haven interest

Silver prices have stabilized around $73.50 after a steep decline, driven by profit-taking and geopolitical tensions. Strong industrial demand and a favorable gold-silver ratio support potential long positions. – vtmarketsmy.com

Gold price rises above $4,350 during Asian trading, regaining some lost value

Gold prices rebound after a sharp decline, driven by safe-haven demand amid global uncertainty. Analysts see potential for further gains as central banks bolster reserves and Fed rate cuts loom. – vtmarketsmy.com

Support for the Australian dollar comes from the Reserve Bank of Australia’s hawkish stance.

The Australian Dollar is nearing a 14-month high against the US Dollar, fueled by expected interest rate hikes from the Reserve Bank of Australia. Upcoming inflation data could signal further gains. – vtmarketsmy.com

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