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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Japanese Yen recovers from nine-month low against USD amid intervention fears
The Japanese Yen gains positive traction amid intervention fears and the risk-off mood. Fiscal concerns and BoJ uncertainty might keep…
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EUR/USD Holds retracement near 1.1600 from immediate highs
EUR/USD trades almost flat around 1.1600 after correcting from the two-week high of 1.1656. The US Dollar struggles to attract…
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USD/CHF falls to near 0.7950 due to US-Swiss tariff deal, SNB steady
USD/CHF depreciates as the Swiss Franc receives support after Switzerland secured a tariff deal with the US. The Swiss Franc…
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EUR/GBP trades flat near 0.8800 amid BoE rate cut speculation
EUR/GBP holds steady around 0.8810 in Tuesday’s early European session. Subdued GDP growth and a gradually loosening labor market support…
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Australian Dollar pares losses as US Dollar declines on market caution
Australian Dollar trims daily losses due to the cautious sentiment surrounding the RBA policy stance. RBA Meeting Minutes could keep…
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Chart of The Day – USD/JPY
Japan’s economy contracted in Q3 for the first time in six quarters, falling 0.4% q/q (−1.8% annualized). The decline is…
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AUD/JPY Bullish momentum holds above EMA near 100.50
AUD/JPY softens to around 100.85 in Monday’s Asian session. A constructive outlook prevails above the 100-day EMA, with the bullish…
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USD/INR consolidates below 89.00 as Indian economic outlook offsets USD strength
USD/INR struggles for a firm near-term direction and remains confined in a trading range. India’s strong economic outlook underpins the…
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USD/CHF holds gains near 0.7950 as expectations for a December Fed rate cut fade
USD/CHF appreciates as the US Dollar gains on decreasing odds of Fed rate cuts. CME FedWatch Tool indicates pricing in…
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EUR/JPY slips near 179.50 after less disappointing Japan’s preliminary Q3 GDP data
EUR/JPY depreciates as the Japanese Yen holds gains after Japan’s preliminary Q3 GDP data came in less negative. Japan’s preliminary…
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