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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EUR/USD fluctuates within range with all eyes on US CPI figures
EUR/USD consolidates around 1.1650 on Tuesday after rejection at the 1.1700 area the previous day. Hawkish comments by Fed’s Williams…
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USDJPY – Speculation Over Dissolution of Lower House Brings Weakness to JPY
The Japanese yen has come under strong pressure again following reports that Prime Minister Sanae Takaichi is preparing to dissolve…
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Mexican Peso Tests July-2024 Highs
The Mexican peso strengthened toward 17.91 per US dollar, testing its strongest level since July 2024, as broad US dollar…
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US Dollar Index Price Forecast: Tests 50-day EMA support after breaking below 99.00
US Dollar Index may rebound toward the seven-month high of 99.57 The 14-day Relative Strength Index at 53 signals improving…
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EUR/USD rallies from lows with Fed’s independence into question
EUR/USD rallies to session highs near 1.1700 after bouncing from 1.1620 lows. Concerns about the Fed’s independence are hammering confidence…
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Chart of The Day – USDIDX
The political war over the Fed is undermining the credibility of American institutions, with the dollar becoming the first victim.…
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Pound Sterling rises as criminal charges against Fed Powell weighs on US Dollar
The Pound Sterling bounces back against the US Dollar to around 1.3450 as the US DoJ imposes criminal charges on…
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NZD/USD gathers strength to near 0.5750 on Fed independence concerns
NZD/USD gathers strength to near 0.5745 in Monday’s early European session. Fed’s Powell called the threat of indictment a pretext…
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USD/CHF holds losses below 0.8000 as Swiss Franc rises on safe-haven flows
USD/CHF falls as the Swiss Franc strengthens on rising geopolitical tensions. Trump warned Tehran against force on protesters, while Iran…
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USD/CAD Price Forecast: Aims to hold 50% Fibonacci retracement at 1.3890
USD/CAD corrects to near 1.3890 after failing to extend nine-day winning streak. Criminal charges against Fed Chair Powell have weighed…
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