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USD/CHF holds gains near 0.7950 as expectations for a December Fed rate cut fade
USD/CHF appreciates as the US Dollar gains on decreasing odds of Fed rate cuts. CME FedWatch Tool indicates pricing in…
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EUR/USD falls to near 1.1600 due to fading Fed rate cut bets
EUR/USD depreciates as the US Dollar gains on cautious Fedspeak. CME FedWatch Tool indicates pricing in a 46% chance of…
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GBP/USD weakens to near 1.3150 as BoE rate cut expectations grow on weak UK data
GBP/USD softens to around 1.3155 in Monday’s early Asian session. Weaker UK economic data has prompted the BoE to deliver…
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USD/CAD holds gains near 1.4050 due to declining Oil prices
USD/CAD gains ground as the commodity-linked Canadian Dollar weakens on lower crude Oil prices. WTI price slips after Russia’s Novorossiysk…
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Aussie Dollar Weakens on Stronger Greenback
The Australian dollar weakened to around $0.652 on Monday, reversing gains from the previous week as a stronger greenback weighed…
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Yen Hovers Near 9-Month Low
The Japanese yen slipped to around 154.6 per dollar on Monday, staying close to its lowest level since February despite…
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New Zealand Dollar Weakens
The New Zealand dollar fell to around $0.565, giving back some of last week’s gains, as expectations of an imminent…
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EUR/USD drifts away from highs despite positive Eurozone data
The Euro pulled back from 1.1655 highs against the US Dollar but remains steady above 1.1600, Hawkish comments by Fed…
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USD/CHF struggles near 0.7920 even as traders trim dovish Fed bets
USD/CHF edges lower to near 0.7920 despite traders trimming Fed dovish bets. Fed officials stressed maintaining slight restrictiveness in the…
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SK Won Recovers Amid Market Stabilization Efforts
The South Korean won appreciated past 1,460 per dollar on Friday, rebounding from multi-month lows as policymakers moved to reassure…
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