USD
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Chart of The Day – GBP/USD
The British pound is today the weakest G10 currency, after a significantly weaker-than-expected inflation report opened the door wide for…
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Offshore Yuan Retreats on Weak Fixing
The offshore yuan slipped to around 7.04 per dollar on Wednesday, retreating from a fourteen-month high reached in the previous…
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Euro Wanes as German Manufacturing Plunges Amid Mixed Eurozone PMI Readings
The Euro is trading lower following the release of the final preliminary Purchasing Managers’ Index (PMI) data for December, which…
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EUR/USD holds gains ahead of Eurozone business activity figures
The EUR/USD trades broadly steady at 1.1750, with highs of 1.1760-1.1770 in focus. Eurozone PMIs are expected to show a…
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USD/CHF trades calmly near 0.7960 in countdown to US NFP
USD/CHF flattens around 0.7960 ahead of the combined US NFP report for October and November. The US NFP is expected…
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USD/INR rallies further even as India’s trade deficit shrinks
The Indian Rupee continues to decline against the US Dollar amid consistent FIIs selling in the Indian stock market. India’s…
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Offshore Yuan Hits Fresh 14-Month Peak
The offshore yuan strengthened to around 7.04 per dollar, reaching a fresh fourteen-month high amid growing calls for a stronger…
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Australian Dollar Falls on Weak Data
The Australian dollar depreciated past $0.662 per US dollar, marking its fourth consecutive session of losses as investors weighed weak…
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Trade of The Day – USD/JPY
Facts: USDJPY has moved below the 10-day and 30-day exponential moving averages (EMA10 – yellow, EMA30 – light purple). The…
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USD/CHF flat lines near 0.7950 as traders await US employment reports
USD/CHF trades flat around 0.7960 in Monday’s early European session. Traders await the US employment reports for October and November,…
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