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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South Korean Won Slides Further
The South Korean won weakened to around 1,480 per dollar, sliding for the third straight session, as fresh trade tensions…
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Trade of The Day – EUR/JPY
Facts: On March 9, the EUR/JPY rate returned above the 30-day exponential moving average (EMA30; light purple) and has maintained…
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Inflation heated up even before the energy price shock
Let’s take a break from the escalating conflict in the Middle East and turn our attention once again to macroeconomic…
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Is The RBA The First Central Bank Returning to Rate Hikes
The Australian dollar has strengthened noticeably in recent sessions, supported both by expectations regarding domestic monetary policy and favorable global…
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Pound Climbs Above $1.34 as Rate-Cut Expectations Ease
The British pound extended its advance above $1.34, reaching its strongest level so far this month and moving further away…
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USD/CHF softens to near 0.7750 ahead of US CPI inflation release
USD/CHF weakens to around 0.7765 in Wednesday’s early European session. Demand for the Swiss Franc remains high due to ongoing…
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US Dollar Index declines below 99.00 on Trump’s war comments, US CPI data in focus
US Dollar Index drifts lower to around 98.80 in Wednesday’s early European session. Trump stated the war could end “very…
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EUR/USD Price Forecast: Eyes 1.1650 barrier near nine-day EMA
EUR/USD may navigate the region around the seven-month low of 1.1468. The 14-day Relative Strength Index at 38 indicates persistent…
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AUD/JPY rallies to fresh record high, above mid-113.00s on RBA rate hike bets and weak JPY
AUD/JPY attracts strong buying for the fourth straight day amid a combination of supporting factors. Bets for an imminent RBA…
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EUR/JPY strengthens to near 184.00 on BoJ rate hike uncertainty
EUR/JPY strengthens to around 183.90 in Wednesday’s early European session. The BoJ is likely to raise rates by the end…
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