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The image is a market analysis piece titled "Pair Watch," covering several currency pairs
The image is a market analysis piece titled "Pair Watch," covering several currency pairs. EUR/USD is approaching 2025 highs at 1.1820, suggesting a potential "short squeeze" if this level breaks. USD/JPY has slipped to 156.00, with Japan threatening "direct intervention" to stabilize the Yen. USD/ZAR is highlighted, noting the South African Rand's dominance in carry trade, where traders are effectively being "paid" to short the US Dollar against the Rand.
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