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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USD/INR rises further despite US Dollar underperforms
The Indian Rupee slides further against the US Dollar, with the USD/INR rising to near 88.60. Rising oil prices due…
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US Dollar Index Tests lower ascending channel boundary around 98.50
US Dollar Index is attempting to break below the ascending channel around 98.50. The 14-day Relative Strength Index is positioned…
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GBP/JPY slides below 203.00 as JPY gains strong traction on intervention speculation
GBP/JPY retreats sharply from a nearly three-week high amid a broadly stronger JPY. Comments from Japan’s Economics Minister fuel intervention…
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GBP/USD gathers strength above 1.3350 on Fed rate cut hopes
GBP/USD trades on a positive note around 1.3365 in Tuesday’s early European session. The Cable strengthens against the US Dollar,…
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EUR/USD extends winning streak as US Dollar falls further ahead of Fed’s monetary policy
EUR/USD refreshes weekly high near 1.1670 amid weakness in the US Dollar. Investors expect the Fed to cut interest rates…
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South Korean Won Slips Amid Diplomatic Caution
The South Korean won fell to around 1,436 per dollar on Tuesday, reversing gains from the previous session as traders…
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NZD/USD climbs to three-week high, eyes 0.5800 amid trade optimism and softer USD
NZD/USD gains some follow-through traction amid a supportive fundamental backdrop. The US-China trade optimism underpins the Kiwi and acts as…
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EUR/JPY weakens to near 177.50 as US, Japan sign deal to secure rare earths supply
EUR/JPY softens to around 177.60 in Tuesday’s Asian session. Trump and Takaichi signed an agreement to ‘secure’ the rare earth…
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Offshore Yuan Nears Six-Week High
The offshore yuan strengthened to around 7.10 per dollar on Tuesday, approaching its highest level in six weeks, supported by…
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US Dollar Index softens below 99.00 as Fed poised to cut rates
US Dollar Index drifts lower to near 98.70 in Tuesday’s early Asian session. Trump is expected to meet Chinese President…
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