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🔵May Allah bless your time. Here are the latest developments:
🔹The US dollar still dominates and rises against currencies and metals.
🔹This comes amid expectations that the Federal Reserve may delay cutting interest rates until December of the current year.
🔹Regarding the USD/JPY, if the strength of the dollar continues to push the pair higher, the chances of the Bank of Japan intervening to deter the pair from falling will increase between the 158.50 - 160.20 zones.
🔹Gold will suffer relatively, and in our opinion, the dollar in general will continue to put pressure on currencies and metals
🔹Today, financial markets are awaiting the release of the US retail sales statement at 12:30.
Greenwich Mean Time
#Share 3 coins suitable for buying the dip