The USD may decline, consolidating between 7.2100 and 7.2800, with support at 7.2200 and resistance at 7.2460.
India’s trade deficit fell to $14.05 billion. EUR/USD rose, Bitcoin recovered, and central banks remain in focus.
The Swiss National Bank’s sight deposits increased to CHF 448.5 billion, with domestic deposits reaching CHF 440.7 billion.
USD/MXN falls below support; further decline possible. Key levels: 19.75/19.68, 19.57, 19.35. MACD negative.
European stocks showed mixed performance; Germany’s DAX gained, while France’s CAC 40 and Eurostoxx declined slightly.
US Retail Sales expected to rise, but weakening consumer sentiment may impact spending amid trade uncertainties.
Bank of England meeting, interest rate unchanged, potential guidance, EUR/GBP bearish, German politics, global events, market reactions.
China’s consumption improves, but weak confidence and uncertainties in income and property market challenge growth.
Micron Technology’s stock faces scrutiny, with projections indicating a potential rise to $113.95–$132.90 amid corrections.
US futures decline, tech under pressure, market corrections normal, European optimism, Germany debt reform, China consumption plan.
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