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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6795.98
6795.98
6795.98
6810.45
6636.05
+55.96
+ 0.83%
--
DJI
Dow Jones Industrial Average
47740.79
47740.79
47740.79
47876.06
46615.52
+239.25
+ 0.50%
--
IXIC
NASDAQ Composite Index
22695.94
22695.94
22695.94
22741.03
22061.97
+308.27
+ 1.38%
--
USDX
US Dollar Index
98.780
98.780
98.860
98.890
98.670
+0.070
+ 0.07%
--
EURUSD
Euro / US Dollar
1.16176
1.16176
1.16185
1.16454
1.16068
-0.00185
-0.16%
--
GBPUSD
Pound Sterling / US Dollar
1.34312
1.34312
1.34323
1.34471
1.34132
-0.00103
-0.08%
--
XAUUSD
Gold / US Dollar
5177.91
5177.91
5178.34
5187.00
5117.59
+39.39
+ 0.77%
--
WTI
Light Sweet Crude Oil
86.793
86.793
86.823
89.142
82.471
+3.653
+ 4.39%
--

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Reserve Bank Of Australia's Hauser: Not All The Domestic Data Came In As Strongly As Expected, Including Consumption

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Reserve Bank Of Australia's Hauser: A 5% Peak For Inflation Probably Looks A Little On The Pessimistic Side

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Reserve Bank Of Australia's Hauser: Australian Economy In Many Ways Is In Good Shape

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Reserve Bank Of Australia's Hauser: Oil Price Rise Clearly An Upside Risk To Our Inflation Projection, But Still In Flux

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Reserve Bank Of Australia's Hauser: There Will Be Very Genuine Policy Debate At Board Meeting, Arguments On Both Sides

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Reserve Bank Of Australia Deputy Governor Hauser: Volatility In Oil Price, Middle East "A Genuine Challenge" For US

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China's Exports To Russia Surge 19.7% In First Two Months Of 2026

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Iran Says Oil Blockade Will Continue Until Attacks End, Trump Threatens To Escalate Strikes

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Dutch Feb Manufacturing Confidence Down To -1.1 Points

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Israel Launched A Large-scale Attack On Southern Lebanon

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Saudi Aramco Q4 Capex 50146 Million Riyals

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Saudi Aramco FY Saw Higher Volumes Sold Of Refined And Chemical Products, And Gas And Crude Oil

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Saudi Aramco Total Shareholder Distributions Of $85.5 Billion In 2025

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Saudi Aramco FY Saw Lower Prices Of Crude Oil And Lower Prices Of Refined And Chemical Products

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[Iran Says Ceasefire's Primary Condition Is "No Further Aggression"] According To The Latest News From Al Jazeera, Iranian Deputy Foreign Minister Gharibabadi Stated That As World Leaders Intensify Diplomatic Efforts To End The Military Conflict, Tehran's Primary Condition For A Ceasefire Is "no Further Aggression." Gharibabadi Added That Several Countries, Including Russia, Have Contacted Iran To Promote A Ceasefire

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[Part Of The US THAAD Anti-Missile System Deployed To The Middle East] Reporters Learned On The 10th That Part Of The US THAAD Anti-missile System Deployed In South Korea Has Been Transferred To The Middle East. Previously, According To South Korean Sources On The 6th, With The Ongoing Military Strikes Against Iran, The US Was Preparing To Redeploy Some Of Its Troops Stationed In South Korea To The Middle East. The South Korean Government Believes That The US May Formally Request The Redeployment Of Some US Troops Stationed In South Korea To The Middle East In The Near Future. Multiple Government Sources Stated That The US Military In South Korea Is Currently Making Relevant Preparations

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[Binance Futures And Margin Trading Will Be Under Maintenance Starting At 2022-01-12 14:00 (Utc) To Upgrade The Trading Engine. Trading During This Period Will Not Be Available.] March 10, According To An Official Announcement, Binance Will Delist Ardr From Its Margin Trading On March 12, 2026, At 14:00

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[A Certain New Address Has Invested $32,900, Predicting "US Military Will Enter Iran On March 14Th"] March 10Th, According To Lookintochain Monitoring, 20 Hours Ago, Someone Created A New Wallet Named "Minder42" And Bet That The US Military Will Enter Iran On March 14Th.Despite The Declining Odds, Minder42 Kept Increasing The Bet.He Has Spent A Total Of $32,900 And Is Now At A Loss Of $13,000

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[Iranian Foreign Minister Says New Supreme Leader Will Not Negotiate With The US] On March 9, Local Time, Iranian Foreign Minister Araqchi Stated In An Interview With PBS That He Does Not Believe Iran's New Supreme Leader Will Consider Dialogue With The United States Or Renegotiating. Araqchi Emphasized That The Slowdown Or Even Stagnation Of Oil Production And Transportation In The Middle East, Leading To Insecurity Across The Region, Is The Responsibility Of The United States And Israel, And That Iran Bears No Responsibility For It—this Is A "war Imposed On Iran," And What Iran Has Done Is Merely "legitimate And Justified Self-defense."

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          Rebound Momentum Remains Robust

          Eva Chen
          Summary:

          Market observers anticipate the Bank of Japan (BOJ) will gradually increase interest rates. While the BOJ is likely to hold steady next week, a rate hike is expected in May.

          BUY USDJPY
          Close Time
          CLOSED

          148.871

          Entry Price

          155.230

          TP

          145.300

          SL

          157.668 +0.025 +0.02%

          202.9

          Pips

          Profit

          145.300

          SL

          150.900

          Exit Price

          148.871

          Entry Price

          155.230

          TP

          Fundamentals

          During the European session on Wednesday, the USDJPY experienced a modest recovery, yet it remains within a bearish trend. Despite market anticipation of a hawkish stance from the BOJ, the yen has failed to sustain significant upward momentum.
          Recent surveys of financial institutions indicate that BOJ observers continue to project a gradual pace of rate hikes, even though they anticipate a higher terminal rate within the current cycle. The survey revealed that all 52 analysts expect no policy adjustments at the March 19th meeting. July remains the favored month for the next rate increase, with 48% of respondents anticipating a hike then, a decrease from the previous survey's 56%. Furthermore, 76% of those surveyed predict the BOJ will maintain a pace of approximately one rate hike every six months, with the subsequent increase occurring between June and September. Concurrently, the proportion of respondents forecasting an earlier rate hike has seen a slight uptick, with 13% anticipating the next increase on May 1, up from 4% in the prior survey.
          MARKET WATCH: While the BO.J is highly likely to hold rates steady next week, the potential for a rate hike in May, rather than the widely expected July, is increasing due to persistent inflationary pressures. Remarks from BOJ Deputy Governor Shinichi Uchida last week did not signal an imminent rate increase. The financial markets currently assign only a 4% probability to a 25 basis point rate hike next week.
          Nevertheless, the rationale for further policy tightening is strengthening, driven by accelerating inflation and wage growth. Given that inflation is projected to remain near the BOJ's 2% target for an extended period, we now forecast that the BOJ will raise rates to 1.5% by 2027.
          Rebound Momentum Remains Robust_1

          Technical Analysis

          The USDJPY breached above 148.45 on Wednesday, with an intraday bias remaining neutral to bullish, and the upside momentum intact.
          The upside potential of the short-term rebound should be capped by the 150.92 level, which has now turned into resistance.
          On the upside, a break above 151.31 would be early evidence of a trend reversal.
          On the downside, a sustained break below the 61.8% retracement level of 146.32 from 139.57 to 158.86 would target the 139.57 support level.
          From a broader perspective, the price action from 161.94 is viewed as a corrective pattern from the rise from 102.58 (2021 low), and the decline from 158.86 is the third leg of support. Strong support should be located at the 38.2% retracement level of 139.2 from 102.58 to 161.94. However, a sustained break below 139.26 would trigger a deeper medium-term decline to the 61.8% retracement level of 125.25.

          Trading Recommendations

          Trading Direction: Buy
          Entry Price: 147.80
          Target Price: 155.23
          Stop Loss: 145.30
          Valid Until: March 27, 2025 23:55:00
          Support: 147.02, 146.53, 145.90
          Resistance: 148.95, 149.32, 150.21
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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