Forex
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GBP/USD Price Forecast: Holds steady above 1.3400, retains constructive tone above key support
GBP/USD flatlines around 1.3405 in Tuesday’s early European session. The constructive outlook of the pair remains intact above the 100-day…
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EUR/JPY Price Forecast: Holds above 176.50 near nine-day EMA
EUR/JPY may test the immediate support at the nine-day EMA of 176.45. The 14-day Relative Strength Index is at 44.16,…
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South Korean Won Recovers as Falling Oil Prices Ease Inflationary Pressure and Support Currency
The South Korean won has recovered towards 1,338 per US dollar, reversing some of its previous losses as retreating crude…
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Offshore Yuan Slides as PBOC Acts to Curb Rally
The offshore yuan slid around 0.3% to 6.66 per dollar on Tuesday, retreating from a more than four-year high in…
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Euro strengthens above 1.1150 as Eurozone GDP beats forecasts, US midterm election looms
EUR/USD strengthens to around 1.1175 in Monday’s early European session. Fitch’s revision of France’s outlook to “negative” from “stable” might…
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South Korean Won Leads Currency Losses as KRW Falls 0.73%, While Euro Advances
The South Korean won is leading losses across major currencies, depreciating by 0.73%, while the Japanese yen also trades lower.…
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EUR/JPY Price Forecast: Trades around 176.50 above nine-day EMA
EUR/JPY may test the immediate support at the nine-day EMA of 176.33. The 14-day Relative Strength Index is at 42.64,…
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Indian Rupee Rebounds Towards 94.90 as RBI Intervention and Lower Oil Prices Ease Currency Pressure
The Indian rupee has strengthened towards 94.90 per US dollar, recovering from recent losses as Reserve Bank of India (RBI)…
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South Korean Won Weakens Towards 1,345 as Overseas Dollar Demand Offsets Record Export Growth
The South Korean won is trading around 1,345 per US dollar, reversing recent gains as persistent demand for overseas investments…
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Offshore Chinese Yuan Surges to Four-Year High Near 6.64 as PBOC Shifts Monetary Policy Framework
The offshore Chinese yuan has strengthened to around 6.64 per US dollar, extending its advance to a fifth consecutive session…
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