Forex
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EUR/USD weakens below 1.2000 amid rebound in US Dollar, all eyes on Fed rate decision
EUR/USD softens to around 1.1990 in Wednesday’s early European session. Concerns over the Fed’s independence could drag the US dollar…
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GBP/USD Trades below 1.3800 after pulling back from four-year highs
GBP/USD could rebound toward 1.3869, the highest since September 2021. Price holds above the nine-day and 50-day EMAs, reinforcing a…
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Japanese Yen pares intraday losses vs. a broadly firmer USD amid BoJ’s hawkish stance
Japanese Yen retreats from a three-month high set against the USD on Tuesday. Fiscal worries, political uncertainty, and a positive…
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Australian Dollar holds losses as US Dollar rises ahead of Fed policy decision
Australian Dollar stays subdued after Australia’s December CPI data was released on Wednesday. Australia’s December inflation rose to 3.6% year-over-year,…
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EUR/JPY Loses ground below 183.00 on BoJ rate hike signals, softening RSI momentum
EUR/JPY weakens to around 182.90 in Wednesday’s early European session. Members agree the central bank will likely continue raising rates…
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USD/INR advances as US Dollar gains on Fed cautious outlook
USD/INR rebounds toward its record high of 91.96. The Indian Rupee could regain support as sentiment improves on the India–EU…
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Offshore Yuan Trades Near 32-Month High
The offshore yuan traded around 6.93 per dollar on Wednesday, hovering near its highest level since May 2023, mainly buoyed…
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South Korean Won Approaches 3-Month High
The South Korean won strengthened to around 1,428 per dollar on Wednesday, extending gains to its strongest level in almost…
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New Zealand Dollar Hovers Near 6-Month High
The New Zealand dollar fell to around $0.601 on Wednesday but remained near a six-month high, amid expectations of tighter…
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Forex – EUR/USD Surges to Four and Half Year High
US Conference Board Index: 84.5 vs 91 exp. and 89.1 previously Richmond Fed Comp. Index Actual -6 (Forecast -5, Previous…
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