Forex
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JPY sticks to intraday gains; USD/JPY struggles near 146.00 amid softer USD
The Japanese Yen remains on the front foot against a softer USD for the third straight day. Bets that the…
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AUD trims recent gains despite weaker US Dollar ahead of key economic data
The Australian Dollar may regain its ground as improving global trade sentiment lifts risk appetite. Australia’s Employment Change report showed…
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USD/INR softens ahead of US Retail Sales, PPI releases
Indian Rupee posts modest gains in Thursday’s Asian session. Optimism from the US-China trade deal underpins the US Dollar and…
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EUR/USD treads water near 1.1200 ahead of key Eurozone GDP data
EUR/USD strengthens ahead of Thursday’s release of the preliminary Eurozone Q1 2025 GDP report. The Euro is buoyed by growing…
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USD/CAD: Remains below 1.4000 confluence hurdle ahead of US PPI, Fed’s Powell
USD/CAD meets with a fresh supply on Thursday amid a modest USD downtick. Sliding Oil prices seem to undermine the…
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GBP grips gains against US Dollar after softer-than-expected US inflation data
The Pound Sterling holds onto gains near 1.3300 against the US Dollar as the Greenback suffers after soft US inflation…
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USD/CAD stays below 1.3950 due to potential widening of US-Canada yield spread
USD/CAD weakened as April’s Consumer Price Index data missed expectations, triggering a shift in market sentiment. Headline US CPI increased…
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EUR/JPY: Bullish outlook remains in play near 164.50
EUR/JPY loses traction to around 164.40 in Wednesday’s early European session. The positive view of the cross prevails above the…
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AUD/JPY trades with modest losses above 95.00, remains close to two-month top set on Tuesday
AUD/JPY retreats from a nearly two-month high set on Tuesday amid notable JPY strength. Bets that the BoJ will hike…
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USD/CHF breaks below 0.8400, downside appears limited due to dovish SNB policy outlook
USD/CHF could come under pressure amid rising expectations of additional monetary easing by the Swiss National Bank. The Swiss Franc’s…
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