Forex
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Won Rises on Seoul–Washington Tariff Deal
The South Korean won appreciated to around 1,421 per dollar on Thursday, its highest level in two weeks, supported by…
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Yuan Holds Near 1-Year High on Trump-Xi Meeting
The offshore yuan traded around 7.09 per dollar on Thursday, holding near a one-year high as market sentiment remained upbeat…
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EUR/USD slides as Fed delivers rate cut, signals end of QT
EUR/USD fluctuates after the Fed cuts rates to 3.75%–4%, revealing internal division within the Committee. Miran dissented, favoring a 50-bps…
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Korean Won Strengthens on Trade Deal Signal
The South Korean won appreciated to 1,425 per USD, extending the rebound from the over six-month low of 1,440 touched…
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South Korean Won Slips Amid APEC Summit
The South Korean won weakened to around 1,433 per dollar on Wednesday, extending losses for the second session as investors…
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Offshore Yuan Hovers Near 1-Year High
The offshore yuan traded around 7.09 per dollar on Wednesday, hovering near a one-year high as optimism persisted ahead of…
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EUR/USD softens below 1.1650 ahead of Fed rate decision
EUR/USD weakens to around 1.1635 in Wednesday’s Asian session. De-escalating US-China tensions weighs on the Euro. Fed is widely expected to…
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NZD/USD sits near three-week top; stays below 0.5800 amid modest USD uptick, ahead of Fed
NZD/USD retains a positive bias amid the US-China trade optimism, though it lacks bullish conviction. A modest USD uptick acts…
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Australian Dollar holds gains as domestic inflation rises in Q3
Australian Dollar advances as the domestic Consumer Price Index rose 1.3% QoQ in Q3. The AUD gains ground from the…
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GBP/USD falls to near 1.3250 due to increased BoE rate cut bets, Fed policy awaited
GBP/USD loses ground as Pound Sterling weakens on rising odds of BoE rate cuts. Traders now see about a 68%…
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