Forex
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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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AUD/JPY steadies near 109.50 following China’s PMI, Japan’s CPI data
AUD/JPY may weaken as the Australian Dollar holds losses after China’s NBS PMI data release. China’s NBS Manufacturing PMI rose…
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U.S Dollar Index (DXY) eases from YTD peak, trades below 100.50 on Iran de-escalation hopes
DXY attracts some sellers following a modest Asian session rise to a fresh YTD top. Trump is reportedly open to…
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AUD/USD Price – Consolidates around 0.6850 as bears await break below 100-day SMA
AUD/USD enters a bearish consolidation phase near a two-month low set on Monday. The hawkish RBA Minutes and Iran de-escalation…
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USD/CHF struggles to extent winning streak on de-escalation in Middle East conflicts
USD/CHF edges down to near 0.7985 as the US Dollar faces slight selling pressure. A fresh de-escalation in the Middle…
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USD/JPY Price – Bulls struggle below 160.00 amid intervention fears, softer USD
USD/JPY faces rejection ahead of the 160.00 psychological mark amid a modest USD downtick. Intervention fears further benefit the JPY…
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GBP/USD Price – Holds gains near 1.3200 despite persistent bearish bias
GBP/USD may retest support near 1.3150 at the lower boundary of the descending channel. The 14-day Relative Strength Index near…
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