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Indian rupee gains support as USD/INR reduces daily increases after tariff cuts

The Indian Rupee gains support from reduced EU car tariffs, but faces pressure from equity outflows and USD strength. Anticipated trade deals may provide a positive outlook and volatility for traders. – vtmarketsmy.com

TD Securities discusses evolving USDJPY dynamics due to US Treasury interventions for the Ministry of Finance.

USDJPY dynamics are shifting due to US Treasury support for Japan’s Ministry of Finance. Expect trading between 152-155, but risks grow for JPY shorts as interventions may arise if rates approach 160. – vtmarketsmy.com

Consumer confidence in France is 90 for January

France’s consumer confidence index remains low, signaling economic concern. Meanwhile, USD declines, gold surges, and forex markets show volatility, urging cautious trading strategies amid rising risks. – vtmarketsmy.com

NZD/USD slips to around 0.5970 after reaching a six-month peak amid market uncertainty

The NZD/USD recently peaked at 0.6000 but retreated amid US dollar stability and US government shutdown fears. With rising inflation in New Zealand, a rate hike could bolster the Kiwi. – vtmarketsmy.com

Commerzbank’s Michael Pfister thinks the SNB might ignore EUR/CHF levels below 0.92

Commerzbank’s report reveals the Swiss National Bank’s current stance on the EUR/CHF exchange rate, predicting tolerance below 0.92 but warning of potential intervention if it nears 0.91. – vtmarketsmy.com

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