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About: anakin
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According to UOB Group analysts, USD may weaken further against CNH, targeting 7.1700 eventually
USD weakens against CNH; support at 7.1840, resistance at 7.2100. Downward momentum suggests possible decline.
UK unemployment remained at 4.5%, with payrolls declining in April and wages showing modest growth
UK unemployment steady at 4.5%; earnings rise, payrolls drop, easing pressure on rate cut decisions.
Following the tariff announcement, silver, platinum, and palladium initially increased but later faced downward pressure
Silver and Platinum fell despite tariff hopes; Gold rose, leaving metal ratios skewed amid market uncertainty.
Despite tariff reductions, supply chains will face delays and challenges in adjusting to new demands
Lower tariffs ease pressure, but supply chains need months to recover amid delays, congestion, and rising demand.
According to UOB Group, the USD/JPY is expected to range between 146.50 and 148.60
USD/JPY may stay range-bound short-term; USD shows momentum with key resistance at 149.30, support 146.00.
