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 Rises on Finance Minister Remarks
The Japanese yen strengthened past 154 per dollar on Tuesday, rebounding slightly from nine-month lows after Finance Minister Satsuki Katayama…
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Dollar Firms Up on Fed Caution
The dollar index climbed toward 100 on Tuesday, hovering at three-month highs as Federal Reserve officials signaled caution over further…
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Australian Dollar pares losses following cautious RBA’s Bullock
Australian Dollar trims daily losses after RBA’s Bullock indicated that policy outlook could be cautious. The RBA left its Official…
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EUR/JPY depreciates toward 177.00 due to possible BoJ rate hikes
EUR/JPY falls as the Japanese Yen gains on the potential for a BoJ rate hike in upcoming meetings. Traders remain…
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Offshore Yuan Stabilizes
The offshore yuan hovered around 7.12 per dollar on Monday, following a two-session decline, as investors weighed disappointing factory activity…
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EUR/JPY holds steady above 177.50 amid thin trading due to Japan’s holiday
EUR/JPY inches higher as the Japanese Yen struggles due to the BoJ’s cautious policy stance. BoJ’s Ueda left room for…
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USD/CHF trades firmly near 0.8050 ahead of Swiss inflation data
USD/CHF exhibits strength near 0.8050 as the US Dollar is broadly outperforming its peers. Traders trim Fed dovish bets amid…
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GBP/JPY steadies around mid-202.00s amid BoJ uncertainty; UK fiscal concerns cap gains
GBP/JPY reverses a modest Asian session dip as BoJ uncertainty continues to underpin the JPY. The UK’s fiscal concerns and…
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USD/CAD treads water above 1.4000 due to cautious Fed policy outlook
USD/CAD moves little as the stronger US Dollar offsets the impact of the improved Oil prices. The US Dollar gains…
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Australian Dollar receives support as traders expect RBA to maintain policy rates
Australian Dollar receives support from cautious sentiment surrounding the RBA policy stance. China’s RatingDog Manufacturing Purchasing Managers’ Index fell to…
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