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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Offshore Yuan Falls as PBoC Maintains Weak Fixing
The offshore yuan weakened to around 6.96 per dollar on Wednesday, snapping a two-session gain as the People’s Bank of…
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EURUSD Surges 0.7% Amid Improving ZEW Sentiments
Eurozone ZEW Economic Sentiment 59.6 (Forecast 50, Previous 45.8) Expectations 40.8 (Previous 33.7) Current Conditions: -72.7 (Forecast -76, Previous -81.0)…
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GBP – Sterling Little-Changed After UK Jobs Data
The pound traded largely unchanged just above $1.34, edging up from a four-week low near $1.338 touched on January 15,…
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EUR/GBP holds gains above 0.8650 after UK employment data
EUR/GBP gains ground around 0.8685 in Tuesday’s early European session. UK Unemployment Rate steadied at 5.1% in three months to…
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USD/CAD Price Forecast: Finds temporary support near 20-day EMA
USD/CAD falls further to near 1.3850 amid weakness in the US Dollar. US-EU disputes over Greenland’s entitlement have weighed on…
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JPY struggles to gain traction amid mixed cues as traders await BoJ decision
Japanese Yen gains some positive traction and draws support from a combination of factors. Intervention fears and sustained safe-haven buying…
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EUR/USD Price Forecast: Tests nine-day EMA barrier near 1.1650
EUR/USD could fall toward the seven-week low at 1.1589. The 14-day Relative Strength Index, at 44, signals fading momentum. The…
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USD/CHF softens to near 0.7950 as Trump’s tariff threats drive safe-haven demand for Swiss Franc
USD/CHF weakens to near 0.7960 in Tuesday’s early European session. Trump’s tariff threats have prompted the so-called “Sell America” trade. …
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GBP/JPY ticks up to near 212.40 ahead of UK employment data
GBP/JPY ticks higher to near 212.40 amid weakness in the Japanese Yen. The BoJ is expected to hold interest rates…
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USD/INR revisits all-time high on sustained US Dollar’s demand by Indian importers
The Indian Rupee falls further against the US Dollar due to robust USD demand by Indian importers. FIIs continue to…
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