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The RBNZ aims to control inflation at 2%, influenced by wage growth and employment rates. This hawkish stance may keep interest rates high, supporting the NZD/USD amid economic fluctuations. – vtmarketsmy.com

Silver prices hit $99, signaling strong momentum despite being overbought. With industrial demand and technical indicators supporting further growth, traders should tread carefully as the market shows signs of potential pullback. – vtmarketsmy.com

China’s central bank, PBOC, set the USD/CNY rate at 6.9929, indicating confidence yet cautious stability in managing the yuan. Traders should prepare for range-bound strategies amid controlled volatility. – vtmarketsmy.com

Gold prices are surging, nearing $4,950 amid geopolitical tensions and Federal Reserve uncertainties. Central banks are buying, fueling demand for this safe-haven asset, paving the way for potential all-time highs. – vtmarketsmy.com

Japan’s services PMI rose to 53.4, signaling economic growth and recovery. As market volatility increases, traders should consider strategic options to navigate the evolving landscape, particularly with USD/JPY. – vtmarketsmy.com

Japan’s manufacturing PMI rose to 51.5, signaling sector expansion and positive economic sentiment. This shift may lead to higher production, employment, and a stronger Yen, impacting traders and markets significantly. – vtmarketsmy.com

The Japanese Yen weakened against the US Dollar due to cooler inflation, prompting the Bank of Japan to maintain low interest rates. This raises risks for investors amid potential currency interventions. – vtmarketsmy.com

UK consumer confidence remains weak at -16 in January, signaling cautious spending and a bearish outlook. Analysts expect potential interest rate cuts, impacting the pound and influencing trading strategies. – vtmarketsmy.com

Japan’s inflation dips to 2.9%, raising yen uncertainty. Gold prices soar past $4,950 amid geopolitical tensions, while Ethereum’s growth faces skepticism. Explore opportunities in a volatile market. – vtmarketsmy.com

Japan’s inflation eased to 2.1% in December, cooling from higher levels, affecting interest rates and currency trends. A weak yen boosts exports, presenting unique trading strategies for investors. – vtmarketsmy.com