USD
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Offshore Yuan Weakens
The offshore yuan weakened to around 6.98 per dollar on Wednesday, pressured by a dovish tone from the People’s Bank…
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USD/CHF softens to near 0.7950 as Venezuela crisis supports Swiss Franc
USD/CHF weakens to around 0.7950 in Wednesday’s early European session. Venezuela turmoil boosts the safe-haven demand, supporting the Swiss Franc.…
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Euro Climbs Back Above $1.17
The euro rebounded above $1.17, supported by a softer US dollar following weak US manufacturing data, and as investors largely…
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USD/CAD flat lines above mid-1.3700s as softer Oil prices offset USD selling
USD/CAD is pressured by some follow-through USD selling, though it lacks bearish conviction. Rising Fed rate cut bets and a…
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EUR/USD Price Forecast: Looks to build on momentum beyond 1.1735 confluence
EUR/USD gains some follow-through positive traction amid a broadly weaker USD. The divergent Fed-ECB outlooks favor bulls and back the…
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USD/CHF ticks down to near 0.7910 as US Dollar falls back
USD/CHF trades mildly lower to near 0.7910 as the US Dollar corrects further. Weak US ISM Manufacturing PMI data for…
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Japanese Yen bulls seem noncommittal amid BoJ uncertainty, fiscal concerns
Japanese Yen struggles to lure buyers amid the uncertainty over the timing of the next BoJ rate hike A positive…
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GBP/USD Price Reaches fresh three-month highs above 1.3550
GBP/USD hit a fresh three-month high of 1.3562 on Tuesday. The 14-day Relative Strength Index is near overbought, signaling possible…
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USD/INR drops as safe-haven demand of US Dollar diminishes
The Indian Rupee regains ground against the US Dollar after a three-day losing streak. The US Dollar’s safe-haven demand cools…
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Yuan Remains Firm Amid Seasonal Demand
The offshore yuan hovered around 6.98 per dollar, trading near a thirty-two-month high, as seasonal demand persisted while the central…
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