Forex
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Dollar Eases as Risk Appetite Improves
The dollar index slipped to around 100 on Thursday, retreating from over five-month highs as stronger risk sentiment curbed demand…
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Yen Rises Amid Firm Wage Data
The Japanese yen strengthened past 154 per dollar on Thursday, recovering from the previous session’s losses as steady wage growth…
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Chart of The Day – EUR/USD
The EUR/USD pair is currently trading at around 1.1481 USD per euro. The market is being shaped by multiple factors from…
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Trade of The Day – AUD/USD
Facts: The pair bounced off the key resistance area near 0.6500 Short – term trend remains downward Recommendation: Trade: Short position…
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Trade of The Day – USD/JPY
Facts: The difference between BoJ and FED rates is currently between 3.25-3.5 percentage points. BoJ decided to maintain interest rates…
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EUR/USD ticks up from three-month lows as US Dollar eases
The Euro picks up from 1.1500 lows as the US Dollar takes a breather. Investors’ cautious mood and dwindling hopes…
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Chart of The Day – AUD/USD
RBA held the cash rate steady at 3.6% in a unanimous decision amid renewed inflation pressures and a tight labor…
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EUR/GBP gathers strength above 0.8750, BoE rate decision in focus
EUR/GBP trades on a stronger note near 0.8750 in Tuesday’s early European session. Market pricing suggests around a one-in-three chance…
Read More » USD/CHF climbs to over two-month high; bulls await move beyond 0.8100 amid firmer USD
USD/CHF prolongs its uptrend for the fifth straight day amid sustained USD buying interest. The Fed’s hawkish tilt offsets economic…
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South Korean Won Weakens to 7-Month Low
The South Korean won depreciated to around 1,440 per dollar, extending declines for a fourth day to its weakest level…
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