Forex
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USD/CAD holds gains above 1.3900 with all eyes on US jobs data
USD/CAD holds firm above 1.3900 on track for its third consecutive weekly gain. Investors await the US Nonfarm Payrolls report…
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Australian Dollar gains traction ahead of US jobs report
AUD/USD gathers strength around 0.6900 in Friday’s early European session. Westpac analysts expect the RBA to increase the cash rate…
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AUD moves little following China’s Services PMI
Australian Dollar gains ground despite increased risk aversion. China’s RatingDog Services PMI eased to 52.1 in March from 56.7 in…
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JPY flat lines amid persistent tensions in the Middle East
USD/JPY holds steady around 159.60 in Friday’s early Asian session. Persistent tensions in the Middle East underpin the US Dollar,…
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NZD/USD declines to near 0.5700 on weak Chinese PMI, US NFP data looms.
NZD/USD drifts lower to near 0.5710 in Friday’s Asian session. China’s RatingDog Services PMI eased to 52.1 in March, weaker…
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GBP edges higher as traders price in two BoE rate hike odds
GBP/USD gains as markets price in the possibility of two BoE hikes in 2026 amid rising inflation fears. The US…
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U.S. Dollar Index holds gains near 100.00 as traders focus on US jobs data and Iran conflict
US Dollar Index holds gains around 100.00 in Friday’s early European session. Trump pressures Iran to make a deal after…
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EUR/USD – Remains below nine-day EMA near 1.1550
EUR/USD may fall toward the initial support at the eight-month low of 1.1411. The 14-day Relative Strength Index near 45…
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Offshore Yuan Set for Weekly Gains
The offshore yuan edged higher to around 6.88 per dollar on Friday, trimming gains from the previous session as market…
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Trade of The Day – EUR/USD
Facts: The EUR/USD exchange rate failed to close above the 200-day EMA on yesterday’s daily candle The price remains below…
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