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/GBP recovers to near 0.8680 as investors brush off soft Eurozone HICP data
EUR/GBP rebounds to near 0.8680 as investors digest soft Eurozone flash HICP data. Eurozone’s inflation grew moderately on an annualized…
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Japanese Yen rebounds vs. weaker USD amid softer risk tone.
The Japanese Yen attracts some dip-buyers amid BoJ rate hike bets and geopolitical risks. The divergent BoJ-Fed policy expectations further…
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USD/CHF clings to gains near 0.7970 ahead of Swiss CPI, US NFP data
USD/CHF trades firmly near 0.7970 ahead of the Swiss inflation and the US NFP data for December. Upbeat US ISM…
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GBP/JPY struggles below 211.00 as flight to safety benefits JPY; lacks bearish conviction
GBP/JPY bulls remain on the sidelines as BoJ rate hike bets and geopolitical risks benefit the JPY. The uncertainty over…
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EUR/CAD rises to near 1.6200 as Canadian Dollar struggles on Oil demand concerns
EUR/CAD strengthens as the commodity-linked Canadian Dollar weakens amid growing concerns over Canadian Oil demand. Canada’s PM Mark Carney will…
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Offshore Yuan Nears 7-Per-Dollar Threshold
The offshore yuan rose to around 6.98 per dollar on Thursday, rebounding from the previous session and moving closer to…
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EUR/JPY declines as geopolitical tensions, hawkish BoJ boost Yen
EUR/JPY edges lower around 182.90 on Wednesday, pressured by renewed demand for the Japanese Yen. Eurozone inflation slows in December,…
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EUR/GBP – LSEG Recommendation
LSEG has issued a recommendation for the EURGBP currency pair. LSEG recommends taking a long position on the EURGBP pair…
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When is the Eurozone Prelim HICP inflation and how could it affect EUR/USD?
The Eurozone Prelim HICP Overview The Eurostat will publish the preliminary Eurozone Harmonized Index of Consumer Prices (HICP) data for…
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EUR/USD holds losses with all eyes on US employment data
EUR/USD hesitates below 1.1700 in a bearish trend from late-December highs. Weak German inflation and downbeat Eurozone Services activity hammered…
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