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    28 May 2025
    USD/CAD rises above 1.3800 during Asian session as focus shifts to FOMC minutes

    The CAD is pressured by declining crude oil prices and expected weak GDP growth. As the USD benefits from strong consumer confidence, traders should brace for potential volatility in USD/CAD ahead. – vtmarketsmy.com

    28 May 2025
    Investors regained confidence, causing the Dow Jones Industrial Average to rise nearly 750 points.

    Consumer sentiment surged 12.3 points to 98.0, amid decreased recession fears, while the Dow Jones climbed 750 points, driven by tariff delays. Traders should remain cautious amidst market volatility. – vtmarketsmy.com

    28 May 2025
    The Nasdaq 100 rally continues, reaching record highs and showing significant gains since April.

    The NASDAQ100 has surged over 25% since April, currently hovering around $21,378. Predictions suggest a potential rise to $22,000. Meanwhile, watch for global trends affecting currencies, gold, and Bitcoin. – vtmarketsmy.com

    28 May 2025
    Pressure increases on the Australian dollar as the US dollar strengthens before important data releases

    The Australian Dollar struggles against the strong US Dollar, influenced by contrasting economic policies. With upcoming inflation data and Fed meeting insights, market volatility lies ahead for traders. – vtmarketsmy.com

    28 May 2025
    The British pound falls from a three-year high, now trading at approximately 1.3510 against the US dollar.

    The British Pound slips against the US Dollar from a three-year high, stabilizing around 1.3510 as optimism for a US-EU trade deal grows. Key support levels indicate potential for recovery. – vtmarketsmy.com

    28 May 2025
    The auction for the United States 2-year note yielded 3.955%, up from the previous 3.795%

    US 2-Year Notes auction yield rises to 3.955% as New Zealand cuts rates, boosting NZD/USD. Meanwhile, gold surges to $3,300 amid geopolitical tensions, and XRP consolidates around $2.33. – vtmarketsmy.com

    28 May 2025
    New Zealand dollar weakens against US dollar below 0.5950 as RBNZ rate decision approaches

    The New Zealand Dollar is struggling against the US Dollar after failing to breach the 0.6000 level, influenced by US consumer confidence and anticipated interest rate changes from New Zealand’s central bank. – vtmarketsmy.com

    28 May 2025
    The stability of the US dollar causes the British pound to drop from its three-year peak of around 1.3510

    The British Pound remains strong despite recent fluctuations, influenced by inflation pressures and central bank policies. Market participants anticipate no rate cuts from the BoE, shaping trading strategies around upcoming data releases. – vtmarketsmy.com

    28 May 2025
    Pound Sterling drops near 1.3540 against the US Dollar during North American session

    Pound Sterling dipped to 1.3540 against the US Dollar amid a mixed economic outlook. While optimism for a US-EU trade deal bolsters the Dollar, UK economic strength suggests resilience in Sterling. – vtmarketsmy.com

    28 May 2025
    Importers seek dollars at month-end, causing the rupee to weaken against the USD and boosting USD/INR.

    The Indian Rupee is sliding to 85.37 against the US Dollar, influenced by rising oil prices and domestic equity challenges. Traders eye key resistance levels amid uncertain central bank policies. – vtmarketsmy.com

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