AUD/USD remained consolidating on Tuesday, leaning towards extending losses. The AUD/USD pair faces challenges as investors take a cautious approach ahead of a key U.S. inflation report that could impact…
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The Japanese yen (JPY) maintained its strength against the US dollar during the Asian session on Tuesday and was close to its highest level since early February hit last week.…
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In early Asian trading on Tuesday, USD/CAD still encountered resistance at the key 1.3500 mark. A fall in the U.S. dollar (USD) and falling U.S. Treasury yields weighed on USD/CAD.…
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GBP/USD remains on the defensive in early Asian trade on Tuesday, staying above the 1.2800 support level. Lower bets on interest rate cuts from the Bank of England (BOE) weighed…
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USD/JPY opened Monday with lows near the 147.00 mark, well away from the highs of 150.00 reached in early March. Markets braced for U.S. inflation data on Tuesday as investors…
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In early Asian trading on Tuesday, the New Zealand dollar/US dollar was above the mid-range of 0.6100, with a mildly bearish trend. A modest recovery in the U.S. dollar is…
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USD/CAD struggled to capitalize on Friday’s positive rebound from the $1.3420 area, or near one-month low, and was range-bound on the first day of the new week. During the Asian…
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On Friday, the yen rose to its highest level against the dollar since early February on expectations of an imminent shift in the Bank of Japan’s monetary policy stance. In…
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The Indian rupee weakened on Monday, even as the U.S. dollar (USD) fell. Mixed U.S. labor market data for February released on Friday put some selling pressure on the dollar…
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In the Asian market on Monday, GBP/USD hovered around 1.2850, maintaining bullish sentiment and likely to continue the rising trend since March 1. However, the U.S. dollar (USD) gained strength…