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 Trades Near 32-Month High
The offshore yuan traded around 6.96 per dollar on Friday, hovering near its strongest level since May 2023, fueled by…
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USD/CAD steadies near 1.3900 as strong US data supports Fed pause
USD/CAD holds steady as strong US data bolsters expectations that the Fed will keep rates on hold. US Retail Sales…
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GBP/USD Price Forecast: Eyes nine-day EMA barrier near 1.3450
GBP/USD could find the immediate resistance at the nine-day EMA of 1.3446. The 14-day Relative Strength Index is at 51,…
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USD/JPY Price Forecast: Takaichi’s trade caps Yen’s upside
USD/JPY trades sideways around 158.50 as both the US Dollar and the Japanese Yen trade firmly. The Yen gains ground…
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EUR/USD weakens below 1.1650 as strong US data boosts Fed hold outlook
EUR/USD weakens as strong US data lift expectations that the Fed will hold rates. US Retail Sales rose 0.6% to…
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USD/CHF trades firmly near 0.8000 as Fed to keep interest rates steady this month
USD/CHF clings to gains near 0.8000 as investors expect the Fed to hold interest rates steady in the January policy…
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EUR/JPY Price Forecast: Keeps bullish vibe above 100-day EMA
EUR/JPY softens to around 184.50 in Thursday’s early European session. The positive outlook of the cross remains intact above the…
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USD/INR expects cautious start on Friday as Oil price cools down
USD/INR will likely start Friday’s session cautiously after a holiday on Thursday. The correction in the oil price could offer…
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Dollar Steadies as Traders Weigh Fed Outlook
The dollar stabilized above 99 on Thursday after seeing sharp swings earlier in the week, as investors continued to weigh…
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South Korean Won Retreats as BOK Holds Rates
The South Korean won weakened to around 1,471 per dollar, reversing gains from the previous session, as the Bank of…
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