Forex
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EUR/JPY Price Forecast: Slips below 178.00 as bearish bias strengthens
EUR/JPY may fall toward the lower boundary of the descending channel at 176.90. The 14-day Relative Strength Index is at…
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Swiss Franc remains near 16-month lows as rate hike odds lift US Dollar
USD/CHF rises amid rising Federal Reserve rate-hike expectations. CME FedWatch suggests that traders price in a 68% chance of an…
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Euro stays pressured below 1.1350, near YTD low vs bullish USD ahead of US PCE, Q2 GDP
EUR/USD sticks to a negative bias for the third straight day amid a combination of negative factors. ECB President Lagarde’s…
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GBP/USD Price Forecast: Weakens below 1.3250, technical barriers sustain bearish bias
GBP/USD softens to around 1.3225 in Wednesday’s early European session. The negative outlook of the pair remains intact below the…
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Rupiah Recovers as Bank Indonesia Strengthens Currency Support Despite Inflation and Dollar Pressure
The Indonesian rupiah is trading near IDR 17,850 per U.S. dollar as Bank Indonesia reinforces its currency-stabilisation strategy while the…
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New Zealand Dollar Stays Under Pressure as Oil Inflation Risks Reshape RBNZ Expectations
The New Zealand dollar remains under pressure near $0.566 against the US dollar, with the currency heading toward a monthly…
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Yen Rebounds as Japan Steps Up Currency Warnings While Rate Gap Limits Gains
The Japanese yen has strengthened through the 157-per-dollar level as Japanese officials increase their warnings over excessive currency weakness and…
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Australian Dollar Slides as Softer Inflation Reduces Near-Term RBA Rate Hike Bets
The Australian dollar has fallen below $0.70 and reached a nine-week low after August inflation came in slightly softer than…
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Offshore Yuan Strengthens as China Growth Signals Improve and Policy Support Expands
The offshore yuan is holding around 6.70 per U.S. dollar as improving Chinese economic data and additional policy support strengthen…
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RBA Delivers Rate Hike, Yet Australian Dollar Falls as Markets Look Beyond 4.60%
The Reserve Bank of Australia has raised its cash rate by 25 basis points to 4.60%, taking borrowing costs to…
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