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Japanese Yen climbs to over one-week top vs USD amid divergent BoJ-Fed expectations
The Japanese Yen kicks off the new week on a positive note amid rising BoJ rate hike bets. A softer…
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USD/CAD rebounds above 1.3950 despite upbeat Canadian GDP data
USD/CAD posts modest gains near 1.3980 in Monday’s Asian session. Hassett’s nomination would be bearish for the US Dollar as…
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Chart of The Day – EUR/USD
The euro–dollar pair is pulling back toward the 1.157 area today ahead of Germany’s inflation data, which will be released…
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Offshore Yuan Set for Monthly Gains
The offshore yuan steadied around 7.07 per dollar on Friday, remaining on track for monthly gains as a weakening US…
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US Dollar Index hovers around 99.50, downside appear amid dovish Fed stance
US Dollar Index may lose ground amid growing odds of a Fed rate cut in December. CME FedWatch Tool suggests…
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When are the German Retail Sales and how could they affect EUR/USD?
The German Retail Sales Overview The Federal Statistics Office of Germany, Destatis, will publish the Retail Sales report on Friday…
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Japanese Yen struggles for a firm intraday direction; USD/JPY benefits from USD uptick
The Japanese Yen struggles to lure buyers as BoJ uncertainty offsets Tokyo CPI print. Fiscal concerns and the upbeat market…
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Chart of The Day – AUD/USD
What is currently influencing the AUD/USD exchange rate? The AUD/USD pair is moving higher today, with market dynamics shaped primarily…
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EUR/USD climbs above 1.1600; eyes 200-day SMA barrier amid weaker USD
EUR/USD attracts buyers for the fourth consecutive day amid sustained USD selling bias. The divergent Fed-ECB policy outlooks favor bulls…
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GBP/USD gains above 1.3250 as Fed rate cut bets weigh on US Dollar
GBP/USD rises as the US Dollar struggles due to rising expectations of a Federal Reserve rate cut CME FedWatch Tool…
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