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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GBP/USD strengthens above 1.3400 as UK inflation beats forecasts
GBP/USD strengthens to around 1.3435 in Thursday’s early European session. UK CPI inflation grew at a faster-than-projected pace in December,…
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USD/CHF holds onto Wednesday’s recovery move near 0.7950 in risk-on market
USD/CHF trades firmly near 0.7950 as the US Dollar holds Wednesday’s gains. Market sentiment turns risk-on as US-EU disputes cool…
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Australian Dollar strengthens as US Dollar steadies ahead of economic data
Australian Dollar gains ground as improved employment data strengthens expectations of a tighter RBA policy outlook. Australia’s seasonally adjusted Employment…
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NZD/USD rises above 0.5850 as risk aversion eases
NZD/USD gains on easing tensions after Trump signaled pausing tariffs on Europe over Greenland. The US Dollar may gain support…
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Japanese Yen adds to intraday losses; USD/JPY approaches 159.00 as traders await BoJ
Japanese Yen is pressured by receding safe-haven demand and concerns about Japan’s fiscal health. A modest USD uptick further supports…
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Korean Won Slides as BOK Signals Risk
The South Korean won slipped to around 1,470 per dollar, sharply pulling back gains from the previous session as investors…
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Offshore Yuan Steady
The offshore yuan held steady around 6.95 per dollar on Thursday, after sliding in the previous session, as markets saw…
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When is the US President Trump’s speech at WEF in Davos and how could it affect EUR/USD
United States (US) President Donald Trump is scheduled to deliver his speech at the World Economic Forum (WEF) in Davos…
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GBP/JPY remains depressed post-UK CPI; holds above 212.00 as focus remains on BoJ
GBP/JPY attracts some sellers on Wednesday amid a modest JPY strength. Spot prices move little following the release of the…
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EUR/CAD slips to near 1.6200 as Canadian Dollar gains on Oil boost
EUR/CAD struggles as the Canadian Dollar strengthens on higher WTI after Kazakhstan halted output at two major fields. The BoC…
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