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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New Zealand Dollar Holds Decline
The New Zealand dollar hovered around $0.599 on Friday, after sliding to a two-week low in the previous session as…
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Offshore Yuan Edges Higher
The offshore yuan inched higher to around 7.18 per dollar on Friday as investors digested the latest policy decision from…
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South Korean Won Gains on Government Budget Boost
The South Korean won strengthened to around 1,371 per dollar on Friday, firming within recent mid-range levels. This followed the…
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USD/INR snaps three-day winning spree as US avoids immediate strike on Iran
The Indian Rupee bounces back to near 86.60 against the US Dollar as the Oil price rally hits a pause.…
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USD/CHF softens below 1.3700 amid escalating fears over Israel-Iran conflict
USD/CHF drifts lower to near 1.3690 in Friday’s Asian session. Escalating tensions in the Middle East support the Swiss Franc. …
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GBP/USD Tests 1.3500 barrier, aligns with nine-day EMA
GBP/USD may find initial resistance at the nine-day EMA of 1.3501. The 14-day Relative Strength Index remains above 50, strengthening…
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AUD holds gains as US Dollar declines, eyes on Middle East conflict
The Australian Dollar holds ground as the People’s Bank of China announced to leave the Loan Prime Rates unchanged. The…
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EUR/USD rises above 1.1500 as US Dollar declines, possibly due to a technical pullback
EUR/USD advances as the US Dollar may regain its ground amid increased safe-haven demand. The US Senate Intelligence Committee Chair…
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USD/CAD weakens below 1.3700 as investors assess Israel-Iran conflict
USD/CAD softens to around 1.3695 in Friday’s Asian session. Trump is still considering whether to order a US strike on…
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JPY struggles to capitalize on domestic inflation data-inspired uptick
The Japanese Yen attracts some buyers as strong domestic CPI reaffirms BoJ rate hike bets. Trade uncertainties and rising geopolitical…
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