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About: anakin

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Risk-off sentiment supports the JPY as USD strengthens; traders eye upcoming economic reports keenly.

USDJPY declines amid risk-off sentiment, falling yields, and weak US data, with key economic reports ahead.

Tonight, Australia will release January inflation data, likely reflecting a rise in headline CPI to 2.6%.

Australia’s January inflation data shows CPI growth to 2.6%, with employment rising by 44,000 full-time jobs.

An advisor from the PBOC predicts a moderate decline in China’s CPI amid domestic demand pressures.

China’s CPI may drop in February due to weak demand, property market adjustments, and US trade tensions.

UOB Group suggests GBP/USD may stay confined to a lower range of 1.2600/1.2670.

GBP/USD decline expected within 1.2600-1.2670; falling below 1.2600 is unlikely. Upward momentum slowing, affecting short-term outlook.

German political developments fail to energise EUR/USD, keeping the pair around the 1.0500 level.

EUR/USD struggles at 1.0500; German politics offer little momentum; support at 1.0460-62 sustains bullish sentiment.

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