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Posted by
Two Blokes May 5 -
Filed in
General
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#TwoBlokesTrading
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Investors are focused on the Federal Reserve's upcoming rate decision, with little expectation of a rate change, amid recent positive economic data and thawing U.S.-China trade tensions. The Taiwan dollar surged 8% against the U.S. dollar, driven by foreign fund inflows and expectations of a stronger currency, impacting trade dynamics with the U.S. Tyson Foods reported solid quarterly growth in sales and adjusted operating income but did not mention tariffs or economic pressures, reaffirming FY25 revenue growth guidance.