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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Dollar Eases as Trade Talks, Fed Meeting Eye
The dollar index fell slightly to around 98.8 on Monday, trimming last week’s gains as investors positioned for a pivotal…
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Offshore Yuan Hits One-Month High
The offshore yuan strengthened to around 7.11 per dollar on Monday, hitting its highest level in four weeks, as optimism…
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Aussie Dollar Gains on US-China Deal
The Australian dollar rose to around $0.653 on Monday, buoyed by optimism over progress toward a US–China trade agreement. The…
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Yen Weakens Toward 8-Month Low
The Japanese yen slipped toward 153 per dollar on Monday, nearing its weakest level since February as expectations of aggressive…
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Kiwi Dollar Hovers Near Two-Week High
The New Zealand dollar rose to around $0.576, hovering near a two-week high, supported by renewed optimism over US-China trade…
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South Korean Won Gains Amid Dollar Softness, APEC Summit
The South Korean won strengthened to around 1,430 per dollar on Monday, rebounding from an over six-month low in the…
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GBP/USD holds steady post-volatile session on UK data, US inflation signals
GBP/USD trades steady around 1.3325 after a volatile session driven by UK and US data releases. Strong UK retail sales…
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USD/JPY extends gains as strong US PMI offsets softer CPI data
USD/JPY rises for the sixth straight day as upbeat US PMI data lifts the Greenback. US S&P Global Composite PMI…
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EUR/GBP jumps to four-week high as BoE dovish bets offset strong UK data
EUR/GBP trades at 0.8744, up 0.74%, extending rally to a one-month high. UK Retail Sales beat expectations, rising 1.5% YoY,…
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AUD/USD holds steady as mixed US data keeps traders cautious
AUD/USD trades flat near 0.6510 after volatile swings driven by US data releases. Softer US CPI briefly lifted the Aussie…
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