Forex
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EUR/USD remains weak despite positive Eurozone manufacturing data
EUR/USD consolidates losses around 1.1850 after dropping by over 1% on Friday. Eurozone and German HCOB manufacturing PMIs have been…
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Currency Talk – EUR/AUD, EUR/USD and GBP/USD
The Overbalance analysis aims to identify three financial instruments, analysed exclusively on a four-hour interval (H4). The analysis uses only…
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GBP/USD softens below 1.3700 as Trump picks Warsh for Fed
GBP/USD softens to near 1.3670 in Monday’s early European session. Easing concerns over the Fed’s independence and hotter PPI inflation…
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USD/INR falls on RBI’s intervention, upside remains favored
The Indian Rupee rises against the US Dollar at the open after the RBI’s intervention. The Indian equity market fell…
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US Dollar Index treads water above 97.00 ahead of ISM Manufacturing PMI data
US Dollar Index gains support as caution builds around the Fed’s policy outlook. Trump’s nomination of Kevin Warsh as Fed…
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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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