Forex
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Trade of The Day – USD/JPY
Facts: The difference between BoJ and FED rates is currently between 3.25-3.5 percentage points. BoJ decided to maintain interest rates…
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EUR/USD ticks up from three-month lows as US Dollar eases
The Euro picks up from 1.1500 lows as the US Dollar takes a breather. Investors’ cautious mood and dwindling hopes…
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Chart of The Day – AUD/USD
RBA held the cash rate steady at 3.6% in a unanimous decision amid renewed inflation pressures and a tight labor…
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EUR/GBP gathers strength above 0.8750, BoE rate decision in focus
EUR/GBP trades on a stronger note near 0.8750 in Tuesday’s early European session. Market pricing suggests around a one-in-three chance…
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USD/CHF climbs to over two-month high; bulls await move beyond 0.8100 amid firmer USD
USD/CHF prolongs its uptrend for the fifth straight day amid sustained USD buying interest. The Fed’s hawkish tilt offsets economic…
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South Korean Won Weakens to 7-Month Low
The South Korean won depreciated to around 1,440 per dollar, extending declines for a fourth day to its weakest level…
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Yen Rises on Finance Minister Remarks
The Japanese yen strengthened past 154 per dollar on Tuesday, rebounding slightly from nine-month lows after Finance Minister Satsuki Katayama…
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Dollar Firms Up on Fed Caution
The dollar index climbed toward 100 on Tuesday, hovering at three-month highs as Federal Reserve officials signaled caution over further…
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Australian Dollar pares losses following cautious RBA’s Bullock
Australian Dollar trims daily losses after RBA’s Bullock indicated that policy outlook could be cautious. The RBA left its Official…
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EUR/JPY depreciates toward 177.00 due to possible BoJ rate hikes
EUR/JPY falls as the Japanese Yen gains on the potential for a BoJ rate hike in upcoming meetings. Traders remain…
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