Forex
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New Zealand Dollar Extends Pullback
The New Zealand dollar edged lower to around $0.602, extending its pullback from a seven-month high in the previous session,…
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Aussie Dollar Weakens as Greenback Firms
The Australian dollar weakened to around $0.69 per dollar on Monday, trimming gains from the previous week as a firmer…
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Offshore Yuan Approaches 33-Month High
The offshore yuan strengthened to around 6.95 per dollar on Monday, reversing the previous week’s losses and approaching a thirty-three-month…
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EUR/USD slides as Warsh Fed pick, hot US PPI supercharge Dollar rally
EUR/USD tumbles 0.75% as Kevin Warsh’s Fed nomination boosts US yields and Dollar demand. Hot US producer inflation reinforces the…
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Mexican Peso Pulls Back From Mid-2024
The Mexican peso weakened past 17.4 per US dollar, giving back part of its strong monthly gains that drove it…
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EUR/USD Moves Lower Amid U.S PPI Inflation Report
Final US PPI (m/m) for December: 0.5% (forecast 0.2%; previous 0.2%) Final PPI (y/y): 3.0% (forecast 2.8%; previous 3.0%) Core PPI excluding…
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Trade of The Day – GBP/AUD
Facts:The price bounced off the upper limit of 1:1 structure at 1.9688The pair sits below the 100-period moving average from…
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GBP/USD softens to near 1.3750 as US Senate advances spending deal to avoid shutdown
GBP/USD weakens to around 1.3760 in Friday’s early European session. The US Senate is poised to send the House a…
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EUR/USD Price Forecast: Breaks through 100-hour SMA as bears await acceptance below 1.1900
EUR/USD meets with some supply on Friday amid a modest pickup in the USD demand. The intraday technical setup favors…
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Japanese Yen sticks to Tokyo CPI-inspired losses vs. firmer USD; USD/JPY climbs to 154.00
Japanese Yen drifts lower as softer Tokyo CPI prints temper hopes for an immediate BoJ rate hike. Fiscal woes and…
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