This Monday, the dollars Australian and New Zealand remained stable, while that the pound is struggling to find direction. The yen weakens after a good week, and style="font-size:14.0pt; line-height: 107%; font-family: "Bookman Old Style”, serif">la Indian rupee should remain under pressure this week.

The dollars Australian and New Zealand remained stable, the public holidays that resulted in low stock market activity, while the Investors were waiting for indications from the New Zealand central bank on the interest rate outlook later this week.

The Australian dollar rose slightly by 0.1% to reach $0.7082, after gaining 0.8% last week, thus registering its fifth consecutive week of increase.

Resistance is at the recent high of the three last years, at $0.71465, before the 2023 peak at $0.7158.

The New Zealand dollar remained stable at $0.6035 after increasing by 0.3% last week. The support is located at $0.5920, while the resistance is at its recent high of $0.60925.

The rand South African strengthened at the start of the session On Monday, investors await employment data that could provide a clearer picture of the underlying health of the economy.

At 7:15am GMT, the rand traded at 15.93 for the dollar, about 0.2% higher than its previous close.

Indian rupee should remain under pressure this week, with traders evaluating its ability to hold above the The 91% mark for the dollar, while bond yields will be facing pressure on supply, waiting for possible support from government or central bank.

The rupee closed at 90,6350 on Friday, almost unchanged from the previous week.

The Japanese yen started the week down after the strong increases of the last week, fuelled by the appeasement of budget concerns, while the dollar American remained stable, the low data on Inflation reinforces the case for lower interest rates by the Federal Reserve later this year.

Liquidity may be low, the markets of United States, China, Taiwan, and South Korea being closed for because of a holiday.

The yen depreciated by 0.2% to 153.07 for one US dollar at the start of trading on Monday, after rising by almost 3% last week, its biggest weekly increase in about 15 months, following the overwhelming victory of Prime Minister Sanae Takaichi in the elections.

The British pound was having trouble Orient itself against the dollar and the euro on Monday, while economic data Major events expected this week could strengthen or weaken the argument in favor of further rate cuts by the Bank of England.

Labor market and inflation figures, scheduled for Tuesday and Wednesday respectively, will be the highlight, the recent political instability that affected Prime Minister Keir's government Starmer has for now worn off.

The British pound recently lost less than 0.1% against the dollar, at $1.3647, remaining in its recent narrow range.

The British currency was also almost stable, at 86.96 pence for