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Forex

Dollar Rally Hits Gold and Crypto Markets as USD/JPY Targets 165

Guavy AI Editorial Team
Instruments
USD JPY CHF
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The US dollar has resumed its rally, weighing on gold and crypto markets. The USD/JPY pair is eyeing the 165 level, while the Swiss franc continues to weaken.

Market analysts are closely watching the developments as they could have significant implications for global trade and investment flows.

The strengthening US dollar has historically been a negative catalyst for gold and crypto markets, causing prices to drop. With the USD/JPY pair nearing the 165 level, traders are bracing themselves for potential losses in these asset classes.

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