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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US Dollar Index hovers around 99.50, downside appear amid dovish Fed stance
US Dollar Index may lose ground amid growing odds of a Fed rate cut in December. CME FedWatch Tool suggests…
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GBP/JPY retreats from YTD peak, trades below 207.00 amid modest JPY uptick
GBP/JPY retreats slightly after refreshing its YTD peak on Friday, though it lacks follow-through. Intervention fears and BoJ rate hike…
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When are the German Retail Sales and how could they affect EUR/USD?
The German Retail Sales Overview The Federal Statistics Office of Germany, Destatis, will publish the Retail Sales report on Friday…
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EUR/JPY Bullish outlook prevails above 181.00
EUR/JPY softens to around 181.05 in Friday’s early European session. A positive view of the cross remains intact above the…
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Japanese Yen struggles for a firm intraday direction; USD/JPY benefits from USD uptick
The Japanese Yen struggles to lure buyers as BoJ uncertainty offsets Tokyo CPI print. Fiscal concerns and the upbeat market…
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Chart of The Day – AUD/USD
What is currently influencing the AUD/USD exchange rate? The AUD/USD pair is moving higher today, with market dynamics shaped primarily…
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EUR/USD climbs above 1.1600; eyes 200-day SMA barrier amid weaker USD
EUR/USD attracts buyers for the fourth consecutive day amid sustained USD selling bias. The divergent Fed-ECB policy outlooks favor bulls…
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GBP/USD gains above 1.3250 as Fed rate cut bets weigh on US Dollar
GBP/USD rises as the US Dollar struggles due to rising expectations of a Federal Reserve rate cut CME FedWatch Tool…
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Japanese Yen stands firm near one-week high against USD
The Japanese Yen attracts fresh buyers amid intervention fears, reviving BoJ rate hike bets. Dovish Fed expectations drag the USD…
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USD/CAD Falls toward lower ascending channel boundary near 1.4000
USD/CAD may find a primary barrier at the nine-day EMA of 1.4059. The 14-day Relative Strength Index has slipped to…
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