Forex
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Yen Languishes Near 1-Month Low
The Japanese yen appreciated past 160 per dollar on Monday but remained near one-month lows as the dollar strengthened following…
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EUR/USD Loses 0.3%
Dollar and Treasury yields rise on the hawkish tone of Fed Chair Kevin Warsh’s Jackson Hole remarks EURUSD is falling…
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Loonie Slips Despite Strong Canadian GDP
The Canadian dollar weakened to 1.39 per USD from a three-month high of 1.376 reached on August 21st, as a…
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Mexican Peso Weakens as Fed Hike Bets Rise
The Mexican peso weakened to around 17.04 per US dollar from the more than two-year low of 16.91 touched on…
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Australian Dollar tests three-month highs above 0.7200 with all eyes on Fed’s Warsh
AUD/USD appreciates for the fourth consecutive day to hit three-month highs at 0.7205. The US Dollar treads water on Friday…
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Chart of The Day – USD/JPY Eyes 160.00 Again. Will FX Intervention Withstand The Pressure?
The Japanese yen was handed catalysts for gains in the form of higher Tokyo inflation and falling Japanese unemployment, yet…
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EUR/GBP Price Trading sideways around 0.8500 amid fading bullish traction
EUR/GBP eases from Thursday’s highs near 0.8580, but remains marginally higher on weekly charts. Rabobank experts see potential for further…
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Swiss Franc consolidates recent losses with the focus turning to Fed’s Warsh
USD/CHF stalls below 0.8750, on track for a 0.45% weekly appreciation. US Dollar firms up as Fed officials push for higher…
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Trade of The Day – GBP/USD
Facts: GBPAUD is trading below the 100-period moving average from H1 interval The pair broke below the support at 1.3600…
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Mexican Peso: Carry-driven strength extends against US Dollar – Rabobank
Rabobank’s Christian Lawrence and Molly Schwartz highlight that USD/MXN has broken below 17 for the first time since May 2024,…
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