Forex
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NZD/USD climbs to three-week high, eyes 0.5800 amid trade optimism and softer USD
NZD/USD gains some follow-through traction amid a supportive fundamental backdrop. The US-China trade optimism underpins the Kiwi and acts as…
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EUR/JPY weakens to near 177.50 as US, Japan sign deal to secure rare earths supply
EUR/JPY softens to around 177.60 in Tuesday’s Asian session. Trump and Takaichi signed an agreement to ‘secure’ the rare earth…
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Offshore Yuan Nears Six-Week High
The offshore yuan strengthened to around 7.10 per dollar on Tuesday, approaching its highest level in six weeks, supported by…
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US Dollar Index softens below 99.00 as Fed poised to cut rates
US Dollar Index drifts lower to near 98.70 in Tuesday’s early Asian session. Trump is expected to meet Chinese President…
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Japanese Yen sticks to gains amid intervention fears, ahead of Fed/BoJ rate decisions
Japanese Yen gains some positive traction on Tuesday amid renewed intervention fears. The divergent BoJ-Fed policy expectations further offer support…
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USD/CAD remains below 1.4000 amid dovish tone surrounding Fed decision
USD/CAD struggles as traders expect the Fed to deliver a 25-basis-point rate cut on Wednesday. The commodity-linked Canadian dollar may…
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Australian Dollar holds gains as US Dollar declines on Fed rate cut bets
Australian Dollar advances after RBA Governor Bullock reiterated that the labor market remains a little tight on Monday. The AUD…
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Euro Holds Firm Ahead of Key Week for Global Markets
The euro hovered around $1.16, little changed from the previous week’s levels, as markets entered a crucial week filled with…
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USD/CHF trades above 0.7950 after paring losses due to potential for US-China deals
USD/CHF recovers its daily losses as the US Dollar gains on easing trade tensions between the US and China. Softer…
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GBP/USD trades with positive bias above 1.3300 amid softer USD; upside seems limited
GBP/USD gains some positive traction and snaps a six-day losing streak amid a softer USD. BoE rate cut bets and…
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