Forex
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Offshore Yuan Steady Amid Peace Hopes
The offshore yuan stabilized around 6.88 per dollar on Wednesday, following significant gains in the previous session as optimism over…
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South Korean Won Remains Under Pressure
The South Korean won hovered around 1,510 per dollar, remaining close to its weakest levels since 2009, as global risks…
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CAD rises on oil rebound, Middle East de-escalation hopes
USD/CAD depreciates as the commodity-linked Canadian Dollar gains on the oil prices rebound. Emirati officials seek UNSC approval for a…
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GBP edges higher as Middle East war de-escalates
The Pound Sterling ticks up against its major peers amid significant de-escalation in the Middle East war. Both the US…
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NZD/USD retreats from weekly top, slides to 0.5730 as Fed rate hike bets support USD
NZD/USD turns lower after touching a fresh weekly high during the Asian session on Wednesday. Inflation fears and Fed rate…
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US Dollar Index remains below 100.00 as Trump’s remarks improve risk appetite
US Dollar Index declines as safe-haven demand fades amid growing optimism over easing Middle East tensions. Trump said that the…
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USD/CAD rises to fresh three-month highs despite softer US Dollar
USD/CAD rises to fresh three-month highs despite a softer US Dollar. Canada’s GDP signals a soft start to the year,…
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EUR/GBP fluctuates as energy-led Eurozone inflation contrasts with fragile UK growth
EUR/GBP trades choppy as traders assess Eurozone inflation and UK growth data. Rising energy costs push Eurozone inflation above target,…
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Euro Drops Over 2% in March as Middle East Tensions Weigh
The euro closed March below $1.15, nearing its lowest point in nearly two weeks, after a volatile month marked by…
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Offshore Yuan Gains on Upbeat PMI Data
The offshore yuan edged higher to around 6.91 per dollar on Tuesday, extending modest gains from the previous session, supported…
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