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Pound Sterling strengthens near 1.3400 as Q3 GDP data approaches

GBP/USD rises to 1.3390 after three days of losses, amid mixed UK GDP and inflation data. The market anticipates rate decisions from the Bank of England and Federal Reserve, suggesting potential volatility ahead. – vtmarketsmy.com

China’s central bank keeps Loan Prime Rates at 3.00% and 3.50%

The People’s Bank of China kept its Loan Prime Rates unchanged, impacting the AUD/USD positively. This cautious approach signals stability, as the property market struggles amid mixed economic data. – vtmarketsmy.com

The People’s Bank of China sets its interest rate at 3% as predicted

The People’s Bank of China maintains a 3% interest rate to bolster economic stability, signaling growth potential despite ongoing challenges. This decision may influence currency markets and bolster commodity prices. – vtmarketsmy.com

During the Asian session, dip-buyers emerge in the NZD/USD pair around the 0.5745-0.5740 region.

NZD/USD recovers slightly amid positive sentiment but struggles due to geopolitical tensions and a strong US Dollar. The RBNZ’s hawkish stance offers some support, affecting market strategies. – vtmarketsmy.com

US seeks third tanker near Venezuela due to oil blockade against Nicolás Maduro’s government

The U.S. is pursuing a Venezuelan oil tanker to enforce sanctions, impacting WTI prices. With tight supply and strong demand, traders should prepare for potential price surges in the oil market. – vtmarketsmy.com

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