Forex
The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
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GBP/USD edges up as Trump loosens tech trade grip with China
Sterling buoyed by upbeat UK GDP and BoE Greene’s disinflation remarks. Trump reportedly gives Treasury Secretary Bessent room to adjust…
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GBP/JPY Bulls keep the upper hand as pair approaches key resistance level
The GBP/JPY pair steadies as buyers attempt to break key resistance at 196.00-197.00. GBP/JPY remains in a bullish structure, supported…
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Signs of a potential bottom at 0.8350 For The EUR/GBP Pair
The EUR/GBP is trading sideways, but technical indicators suggest a potential trend shift. Comments from ECB’s Kazimir have provided some…
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NZD/USD extends gains above 0.6060 on hopes of a Sino-US trade deal
The New Zealand Dollar appreciates ahead of the US-China meeting in London. Hopes of a trade deal are supporting risk-related…
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USD/CHF Price Forecast: Struggles around 0.8200
USD/CHF slumps to near 0.8200 ahead of US-China trade talks. The SNB is expected to cut interest rates in the…
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USD/MXN cracks range base, risks a move toward 18.60/18.15 – Société Générale
USD/MXN has broken decisively below its multi-month range base near 19.85/20.00, confirming a rounding top and exposing the pair to…
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GBP/JPY corrects from 196.00 as upwardly revised Japan’s Q1 GDP supports Yen
GBP/JPY retraces to near 195.65 as the Japanese Yen (JPY) gains against a majority of its peers. According to the…
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USDJPY Technical Analysis
The USDJPY pair continues to range amid conflicting fundamentals as traders await more information to pick a direction. Fundamental Overview…
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EUR/JPY softens below 165.00 as US dollar soft as trade uncertainty mounts
EUR/JPY edges lower to around 164.85 in Monday’s early Asian session.Rising safe haven demand and speculation over interest rate hikes…
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EUR/USD Bulls have the upper hand while above 100-hour SMA, around 1.1380 area
EUR/USD regains positive traction on Monday amid a broadly weaker USD. The technical setup favors bulls and supports prospects for…
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