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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Pound Sterling steadies as BoE decision, key UK data loom
The Pound Sterling trades with caution at the start of the week ahead of key UK data and the BoE’s…
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EUR/USD fluctuates near highs in cautious markets ahead of a busy week
EUR/USD is consolidating recent gains on Monday, supported above 1.1720 The increasing monetary policy divergence between the ECB and the…
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Rupee Continues Record Decline
The Indian rupee slid past 90.6 per dollar, continuing to set fresh record lows, pressured by the absence of a…
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Yuan Hits 15-Month High Despite Weak Data
The offshore yuan appreciated to around 7.05 per dollar, hitting its highest level since late September last year despite a…
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EUR/USD trades with negative bias around 1.1730 amid recovering USD; downside seems limited
EUR/USD edges lower during the Asian session on Monday amid a modest USD uptick. The divergent Fed-ECB expectations might continue…
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GBP/USD holds steady above mid-1.3300s as traders await key data and BoE this week
GBP/USD struggles to lure buyers on Monday amid a modest US Dollar uptick. Dovish Fed expectations act as a headwind…
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AUD/USD trades lower around 0.6650 amid unexpectedly weak China data
AUD/USD drops slightly to near 0.6645 after surprisingly weak Chinese Retail Sales and Industrial Production data. The Australian Dollar started…
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Yen Edges Higher Ahead of BOJ Meeting
The Japanese yen rose to around 155.5 per dollar on Monday, reversing the previous session’s losses as investors prepared for…
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South Korean Won Hits Over 8-Month Low
The South Korean won weakened to around 1,477 per dollar on Monday, marking its lowest level in over eight months…
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New Zealand Dollar Retreats
The New Zealand dollar fell to around $0.578, retreating from a more than two-month high, after the Reserve Bank signaled…
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