Forex
The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
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Australian Dollar declines as US Dollar strengthens ahead of Nonfarm Payrolls
Australian Dollar weakens as China’s December CPI rose 0.8% YoY, below the 0.9% forecast. Australia’s mixed November inflation keeps RBA…
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Offshore Yuan Extends Gains
The offshore yuan edged higher to around 6.97 per dollar, extending gains from the previous session as investors assessed the…
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EUR/USD Reacts to U.S. Labour Costs And Jobless Claims Data
US jobless claims came in at 208k vs 212.4 exp. and 199k previously Continued jobless claims: 1.914M vs 1.9M exp.…
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Pound Sterling declines further against US Dollar, US NFP in focus
The Pound Sterling remains under pressure against the US Dollar on Thursday. Investors await the US NFP report on Friday…
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USD/MXN extends slide after 50-DMA rejection – Société Générale
USD/MXN has continued to fall after failing to hold above the 50-day moving average, with the pair testing support near…
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Markets turn cautious ahead of next batch of US data
Here is what you need to know on Thursday, January 8: The market mood sours early Thursday and investors adopt…
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USD/INR recovers as investors brush off RBI’s intervention
The Indian Rupee falls back against the US Dollar after failing to capitalize on the RBI’s intervention-led support. Unexpectedly strong…
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GBP/USD flat lines above 1.3450 as traders eye US jobs data
GBP/USD holds steady near 1.3465 in Thursday’s early European session. Traders prefer to wait on the sidelines ahead of the…
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EUR/GBP recovers to near 0.8680 as investors brush off soft Eurozone HICP data
EUR/GBP rebounds to near 0.8680 as investors digest soft Eurozone flash HICP data. Eurozone’s inflation grew moderately on an annualized…
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Japanese Yen rebounds vs. weaker USD amid softer risk tone.
The Japanese Yen attracts some dip-buyers amid BoJ rate hike bets and geopolitical risks. The divergent BoJ-Fed policy expectations further…
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