Forex
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War-Related Shifts in The Forex Market – USD Plumets, AUD, NDZ and CHF Rebound
The two-week suspension of U.S. military operations against Iran triggered a sharp shake-up in the FX market today, reversing much…
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NZD/USD – Hawkish RBNZ Decision And TACO Trade Support The NZD
NZDUSD gained as much as 2.00% following the RBNZ decision, supported both by the more hawkish tone of the central bank…
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JPY surges against US Dollar as Trump confirms two-week ceasefire
The Japanese Yen outperforms the US Dollar on the US-Iran temporary ceasefire. Iran said that negotiations on the 10-point proposal…
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GBP advances as US-Iran ceasefire improves market sentiment
GBP/USD rises as the US Dollar weakens on reduced safe-haven demand after a US-Iran two-week ceasefire. Trump agreed to a…
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South Korean Won Rebounds on Middle East Ceasefire
The South Korean won strengthened to around 1,480 per dollar, rebounding sharply to its highest level since March, as easing…
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Offshore Yuan Rallies to Over 3-Year High
The offshore yuan strengthened to around 6.82 per dollar on Wednesday, continuing its upward momentum for a fourth consecutive session…
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EUR/USD – Rises above 1.1650, moving averages amid bullish reversal
EUR/USD may rise toward the six-week high of 1.1795. The 14-day Relative Strength Index at 56 indicates positive momentum above…
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NZD/USD sticks to gains near two-week top, around 0.5800 after RBNZ leaves rates unchanged
NZD/USD catches aggressive bids as the US-Iran ceasefire news weighs heavily on the USD. The RBNZ leaves interest rates unchanged,…
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AUD/JPY Gains momentum, bullish bias prevails above 100-day EMA
AUD/JPY strengthens to near 111.80 in Wednesday’s Asian session. The cross maintains the constructive outlook above the 100-day EMA, with…
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Trade of The Day – GBP/AUD
Facts:The price bounced off the upper limit of 1:1 structure at 1.9255GBPAUD sits below the 100-period moving average form H4…
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