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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Yen Weakens Despite Hawkish BOJ Signals
The Japanese yen traded near 157 per dollar on Wednesday after a sharp three-day decline, even as Bank of Japan…
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Offshore Yuan Holds Gains
The offshore yuan held its gain around 7.06 per dollar on Wednesday, as elevated consumer inflation tempered expectations of further…
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Chart of The Day – AUD/USD
The RBA kept interest rates at 3.6% as expected, but the key change lies in a dramatic shift in rhetoric…
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USD/CAD trades with negative bias around mid-1.3800s; Trump’s tariff threat limit losses
USD/CAD edges lower during the Asian session, though it lacks follow-through selling. Trump’s tariff threats and weaker Oil prices undermine…
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EUR/JPY Price Forecast: Holds above 181.50, positive view remains intact
EUR/JPY strengthens to near 181.60 in Tuesday’s early European session. The cross keeps the bullish vibe unchanged, with the improving…
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Australian Dollar jumps after Bullock’s hawkish remarks; seems poised to climb further
The Australian Dollar attracts fresh buyers in reaction to RBA Governor Bullock’s hawkish remarks. Bets for more Fed rate cuts…
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GBP/USD sticks to modest gains above 1.3300 as dovish Fed outlook weighs on USD
GBP/USD gains some positive traction as dovish Fed expectations undermine the USD. Bets for a BoE rate cut this month…
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EUR/USD strengthens to near 1.1650 on Fed rate cut bets and strong German data
EUR/USD edges higher to around 1.1645 in Tuesday’s early European session. The US central bank is expected to deliver a…
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USD/INR retraces as FIIs selling momentum cools down
The Indian Rupee attracts bids against the US Dollar; however, its outlook remains uncertain. The amount of stake dumped by…
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EUR/USD – JP Morgan Recommendation
JP Morgan issued a recommendation for the EURUSD currency pair. The Bank recommends taking a long position on the pair…
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