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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USD/CHF steady as US inflation data, geopolitical tensions balance pair
The US Dollar trades flat against the Swiss Franc as USD strength is balanced by CHF safe-haven demand. Inflation data…
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AUD/USD holds steady as US data, Chinese support balance outlook
US Retail Sales surprise to the upside in November, reinforcing the view of a still resilient economy. US inflation figures…
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DXY Eases from 1-Month High
The US dollar index held near the 99 mark on Wednesday, inching down from the one month high touched earlier…
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EUR/USD holds near one-month lows amid a moderate US Dollar recovery
EUR/USD treads water below 1.1650 in a bearish trend from weekly highs at 1.1700. The US Dollar remains firm despite…
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NZD/USD hovers below 0.5750 despite upbeat trade data from China
NZD/USD remains capped below 0.5750 after pulling back from 0.5780 highs on Tuesday. The upbeat Chinese Trade Balance has failed…
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EUR/GBP trades lower as Pound strengthens on BoE comments ahead of UK GDP data
EUR/GBP trades lower around 0.8660 as the Pound Sterling strengthens ahead of UK GDP data. The Euro remains supported by…
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Pound Sterling trades higher ahead of key UK GDP data
The Pound Sterling outperforms its major peers ahead of the UK monthly GDP data on Thursday. BoE’s Taylor expects monetary…
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Dollar Rebounds on Remarks From St. Louis Fed President
The Dollar is regaining support—shaken earlier by the weaker-than-expected CPI report—following hawkish comments from St. Louis Fed President Alberto Musalem,…
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AUD/USD Price Forecast: Aussie eases to 0.6700 after failure at at 0.6725
AUD/USD trims gains and dips to 0.6700 after rejection at a reverse trendline around 0.6725. The lower high and bearish…
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GBP/JPY extends gains as political uncertainty in Japan weighs on the Yen
GBP/JPY extends gains as broad-based Yen weakness persists amid rising political uncertainty in Japan. Snap election speculation fuels fiscal concerns,…
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