Forex
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Asian Currency Forecast: South Korean Won Leads Regional Gains as Yuan Strengthens and Yen Consolidates
Asian currencies are showing mixed but modestly positive momentum, with the South Korean won rising 0.40% to lead regional gains…
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Chinese Yuan Forecast: Offshore Yuan Hits Four-Year High Near 6.68 as Stronger Growth Eases Pressure for Stimulus
The offshore Chinese yuan has strengthened to around 6.68 per US dollar, extending its advance for a fourth consecutive session…
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Japanese Yen Forecast: USD/JPY Holds Near 158.5 as Hawkish BOJ Signals Fail to Lift Currency
The Japanese yen is hovering around 158.5 per US dollar, struggling to recover despite hawkish remarks from Bank of Japan…
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USD/CAD Price Forecast: Hangs near multi-week low, holds above 1.4100 ahead of Canadian CPI
USD/CAD attracts sellers for the third straight day, though it lacks follow-through. Retreating oil prices cap the Loonie, while geopolitical…
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GBP/USD Price Forecast: Steadies below 1.3350, remains capped below 100-day SMA
GBP/USD flatlines near 1.3330 in Monday’s early European session. The negative outlook of the pair remains intact below the 100-day…
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Indonesian Rupiah Forecast: IDR Struggles Near 18,040 as Dollar Strength and MSCI Downgrade Risk Weigh on Sentiment
The Indonesian rupiah is facing renewed pressure near IDR 18,040 per US dollar, struggling to move below the psychologically important…
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South Korean Won Forecast: KRW Approaches Two-Year High as Record Semiconductor Exports Support Currency
The South Korean won is trading around 1,330 per US dollar, extending its advance towards its strongest level since October…
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EUR/USD Price Forecast: Weakens below 1.1250, bearish tone prevails below 100-day SMA
EUR/USD softens to near 1.1230 in Monday’s early European session. Fiscal and political risks in Europe are still in focus.…
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New Zealand Dollar strengthens above 0.5650 on strong China’s GDP data
NZD/USD gathers strength to around 0.5655 in Monday’s Asian session. China’s Q3 GDP beats forecast, rising by 4.5% YoY. Fed’s…
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AUD/JPY Price Forecast: Retakes 110.00 on upbeat China GDP; upside seems limited
AUD/JPY gains positive traction for the second straight day amid a combination of supporting factors. Hawkish comments from RBA’s Ken…
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