Forex
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USD/INR tumbles at open as Middle East war de-escalates
The Indian Rupee recovers strongly against the US Dollar as both the US and Iran signal readiness to end the…
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AUD/USD – Middle East peace hopes back further recovery towards 20-day EMA
AUD/USD rises further to near 0.6910 as de-escalation in the Middle East war has boosted investors’ risk appetite. Both the…
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EUR/JPY Remains above 183.50 to test nine-day EMA barrier
EUR/JPY tests the immediate resistance at the nine-day EMA of 183.70. The Relative Strength Index hovers near the 50 mid-line,…
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EUR/USD Trades above mid-1.1500s as bulls await move beyond 61.8% Fibo.
EUR/USD struggles to capitalize on modest Asian session move up to a one-week high. Inflation fears keep Fed rate hike…
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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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