In early European trading on Thursday, EUR/JPY was trading around 163.75, with a mildly bearish trend. The pair traded lower on concerns about FX intervention from Japanese authorities. On Thursday,…
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USD/CAD attracted some buyers during Thursday’s Asian session and now appears to have ended a three-day losing streak, but there has been a lack of follow-through. Spot prices remain below…
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On Thursday, the EUR/USD continued to fall for the third consecutive trading day, with the Asian market once falling to around 1.0820. However, the dollar maintained tepid momentum ahead of…
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The Indian rupee (INR) edged lower on Thursday amid rising demand for the U.S. dollar from oil-importing countries and hawkish comments from Federal Reserve officials. Additionally, continued weakness among Asian…
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The yen edged up against the dollar in Asia on Thursday from its lowest level since 1990, but it was still difficult to profit from the move. Speculation that Japanese…
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In early Asian trading on Thursday, GBP/USD attracted some sellers after falling from a daily high of 1.2640 to 1.2614. The latest hawkish comments from a Fed official supported the…
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AUD/USD fell following Fed Governor Waller’s hawkish comments on interest rates. Inflation in Australia remained stable at an annual rate of 3.4% as traders priced in the impact of the…
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Federal Reserve Governor Christopher Waller said on Wednesday that recent weak inflation data supports the Fed’s pause in lowering its short-term interest rate target. key quotes There is no rush…
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Although the European Central Bank has turned dovish and Federal Reserve officials have released multiple signals, the euro/dollar still fell slightly and is in the process of finding a bottom.…
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Further gains in the U.S. dollar continued its strength and pushed the U.S. Dollar Index to around 104.50. The final value of fourth-quarter gross domestic product growth will be released…