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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Dollar Weakens to 4-Month Low
The dollar index slipped toward 97 on Monday, sliding for the third straight session to its weakest levels in four…
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South Korean Won Hits 3-Week High
The South Korean won strengthened to around 1,440 per dollar, reaching its highest level in three weeks, supported by broad…
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Markets to Watch – Nasdaq, Silver and USD/JPY
Following the Davos summit and a de-escalation of tensions over Greenland, global markets face an action-packed week. The primary focus…
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The Japanese Yen Falls Below Key Support Level Testing 156
The Japanese yen recorded spectacular growth against the dollar, falling below the key support level of 157 and testing the…
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Trade of The Day – USD/IDX
Facts: Donald Trump announced on social media that an agreement has been reached on Greenland and, more broadly, the Arctic…
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DXY Falls Toward 3-Month Low
The dollar index fell to 98.1 on Friday, approaching the lowest level in over three months as currency markets maintained…
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Chart of The Day – EUR/USD
The EUR/USD pair is currently trading around 1.17337. Markets showed moderate volatility in reaction to eurozone PMI releases as well…
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USD/CHF seems fragile near 0.7900 as US Dollar underperforms
USD/CHF struggles near its three-week low of 0.7880 amid a weakened US Dollar. The US Dollar faces pressure as Trump…
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Australian Dollar reaches 15-month highs following stronger PMI data
Australian Dollar hits a 15-month-high of 0.6854 on Friday. Australia’s S&P Global Manufacturing PMI hit 52.4, while Services PMI rose…
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US Dollar Index remains below 98.50 due to risk aversion, S&P Global PMI eyed
US Dollar Index moves little after losing 0.5% in the previous session. Traders await the preliminary US S&P Global PMI…
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