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During a North American session, the pound rises as the US dollar weakens due to tariff concerns.

GBP/USD hits a four-year high of 1.3791 as US Dollar weakens amid tariff threats and disappointing economic data. Traders eye volatility strategies ahead of the Fed meeting for potential gains. – vtmarketsmy.com

The Euro remains stable against the British Pound with muted trading and limited data.

The EUR/GBP pair remains steady around 0.8684 as cautious ECB remarks stir limited volatility. Traders eye upcoming indicators, while interest rate differentials suggest potential weakness for the Euro against the Pound. – vtmarketsmy.com

MUFG: Dollar may weaken due to uncertainties in US tariff policies and potential interventions

US tariff uncertainty is weakening the Dollar while boosting gold prices, creating investment opportunities. Traders may benefit from options strategies as coordinated foreign exchange interventions loom and market volatility rises. – vtmarketsmy.com

The Australian dollar reaches a three-year high driven by higher yields and a weak US dollar.

The AUD/USD pair surged to 0.6960, supported by strong Australian fundamentals and a weak US Dollar. Upcoming inflation data could further boost the AUD, making call options a smart choice. – vtmarketsmy.com

In January, the Richmond Fed Manufacturing Index surpassed expectations, registering -6 instead of -8.

Richmond Fed’s manufacturing index improved slightly to -6, signaling ongoing contraction. Meanwhile, a weak US dollar boosts the Euro and gold, presenting trading opportunities ahead of the Fed meeting. – vtmarketsmy.com

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