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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Sterling Weakens Slightly
The British pound slipped to $1.333, weighed down by a stronger US dollar and investor caution ahead of the UK’s…
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Euro Steady Near Two-Month Low as France Faces Political Strain
The euro hovered around $1.16, near its more than two-month low of $1.154 reached last Thursday, as investors weighed political…
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GBP/USD Trades with positive bias above mid-1.3300s, around 38.2% Fibo. level
GBP/USD attracts buyers for the second straight day amid subdued USD demand. The divergent Fed-BoE policy expectations remain supportive of…
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GBP/USD weakens below 1.3350, US-China trade tensions in focus
GBP/USD softens around 1.3345 in Monday’s early Asian session. Trump threatened to impose fresh tariffs on China. Traders brace for…
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US Dollar Index drifts higher above 98.50 as Trump reassures traders
US Dollar Index edges higher to around 98.85 in Monday’s Asian session. Trump said the China situation “will all be fine.”…
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EUR/USD Keep bullish vibe above 1.1600, political turmoil in France might cap gains
EUR/USD trades with mild losses around 1.1620 in Monday’s early European session. Positive view of the pair prevails above the…
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AUD/JPY clings to gains around 99.00 as Trump backtracks on tariff threats
AUD/JPY catches fresh bids amid easing fears about the worsening US-China trade relations. Domestic political chaos, delayed BoJ rate hike…
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USD/INR remains silent due to expected RBI’s interventions
The Indian Rupee holds ground, with the RBI’s frequent interventions keeping it above its record low of 88.87. India’s inflation…
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EUR/JPY holds gains near 176.50 due to weakening safe-haven demand
EUR/JPY gains ground as safe-haven demand dampens on easing US-China trade concerns. President Trump stated on Sunday that China’s economy…
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Offshore Yuan Edges Higher
The offshore yuan edged higher to around 7.14 per dollar on Monday, recovering some of its prior losses, as investors…
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