Forex
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EUR/USD slides on ECB dovish bets, US inflation in focus
EUR/USD drops to near 1.0530 as investors await key events including US inflation and the ECB policy meeting. The ECB…
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Mexican Peso dips with the Dollar firming up ahead of US CPI data
The US Dollar picks up supported by a sourer market sentiment ahead of the US CPI release. Soft Mecican CPI…
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AUD/NZD Recommendation From Goldman Sachs
Goldman Sachs has issued a recommendation for the AUDNZD currency pair. Goldman Sachs recommends taking a short position on the…
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Chart of The Day – AUD/USD
The Central Bank of Australia (RBA) decided to keep interest rates unchanged at 4.35%, in line with market expectations. However,…
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EUR/GBP remains on the defensive below 0.8300 ahead of ECB rate decision
EUR/GBP posts modest gains near 0.8280 in Tuesday’s early Asian session. The BoE keeps a cautious stance on its easing…
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GBP/JPY rises above 193.00 due to uncertain expectations surrounding BoJ rate hike
GBP/JPY appreciates due to mixed expectations regarding the BoJ rate hike in December. BoJ board member Toyoaki Nakamura emphasized the…
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USD/CAD fails again at 1.4180, higher Oil prices are supporting the loonie
The US Dollar is rejected at 1.4180 and the CAD picks up with Oil prices bouncing up. Chinese authorities have pledged more…
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GBP/USD – Advances amid positive sentiment, bull’s eye 1.2800
GBP/USD climbs to 1.2780, supported by improved risk appetite and technical indicators pointing upward. Buyers target resistance at 1.2800; surpassing…
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EUR/USD – Pair rises to 1.0585 after bouncing from 20-day SMA
EUR/USD gains mildly on Monday, trading at 1.0585 after rebounding from the 20-day SMA. Pair maintains its position above the…
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EUR/USD gains ahead of ECB policy meeting, US inflation data
EUR/USD rises to near 1.0580 as investors await US CPI data for November and the ECB policy meeting. Investors expect the…
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