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 remains on the back foot
The Japanese Yen drifts lower in reaction to the BoJ’s decision to maintain the status quo. The uncertainty over the…
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EUR/USD rises to near 1.1630 as US Dollar corrects after Trump-Xi meeting
EUR/USD gains to near 1.1630 as the US Dollar retraces after meeting between US President Trump and Chinese leader Xi.…
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Australian Dollar holds gains following Trump-Xi meeting
Australian Dollar maintains its position following the US-China meeting in South Korea. President Trump announced plans to cut tariffs on…
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USD/INR gains at open despite US Dollar faces pressure
The Indian Rupee weakens against the US Dollar, with the USD/INR pair rising to near 88.60. The US Dollar faces…
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Won Rises on Seoul–Washington Tariff Deal
The South Korean won appreciated to around 1,421 per dollar on Thursday, its highest level in two weeks, supported by…
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Yuan Holds Near 1-Year High on Trump-Xi Meeting
The offshore yuan traded around 7.09 per dollar on Thursday, holding near a one-year high as market sentiment remained upbeat…
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EUR/USD slides as Fed delivers rate cut, signals end of QT
EUR/USD fluctuates after the Fed cuts rates to 3.75%–4%, revealing internal division within the Committee. Miran dissented, favoring a 50-bps…
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EUR/USD steadies with markets awaiting the Fed’s decision
The Euro snapped a five-day recovery against the US Dollar, retreating to 1.1630 from highs at the 1.1670 area. Investors…
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Chart of The Day – AUDUSD
AUDUSD gains 0.25% on the back of Australia’s strongest CPI inflation data in over a year, which reduces the likelihood…
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Korean Won Strengthens on Trade Deal Signal
The South Korean won appreciated to 1,425 per USD, extending the rebound from the over six-month low of 1,440 touched…
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