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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Three Markets to Watch Next Week
The final week before the Christmas holidays typically ushers in reduced volatility and the entrenchment of existing trends in financial…
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London Stock Exchange Group | Thomson Reuters LSEG recommends a short position on the pair with the following levels: Entry…
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Yen Holds Gains as BOJ Outlook Mulkled
The Japanese yen held around 155.6 on Friday after two consecutive sessions of gains, supported by speculation that the Bank…
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Korean Won Falls on Weaker FX Sentiment
The South Korean won slipped to around 1,472 per dollar, approaching seven-month lows, as persistent capital outflows were driven by…
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Chart of The Day – AUD/USD
The Australian labor-market report for November came in weaker than expected. As a result, the FX market saw a significant…
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Indian Rupee Hits Fresh Record Low
The Indian rupee weakened past 90 per USD, hitting another fresh record low, pressured by corporate dollar outflows, which added…
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Offshore Yuan Steady
The offshore yuan steadied around 7.06 per dollar, hovering near its strongest levels in more than a year, supported by…
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New Zealand Dollar Hovers Near 2-Month High
The New Zealand dollar slipped to $0.579 but stayed close to a two-month high, amid expectations that the Reserve Bank…
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Dollar Languishes on Dovish Fed Outlook
The dollar index slipped to around 98.5 on Thursday, its lowest in over seven weeks after the Federal Reserve delivered…
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