In early Asian trading on Friday, NZD/USD rose slightly below 0.6150. A weaker U.S. dollar and lower bond yields provided some support to the pair. Investors await fresh impetus from…
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GBP/USD is back above the 1.2700 mark during early Asian trade on Friday. The Bank of England (BOE) decided to hold interest rates steady at 5.25% at its January meeting…
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AUD/USD opened the Asian session slightly higher, having rebounded from a year-to-date (YTD) low of 0.6508 on Thursday amid mixed US economic data. At press time, AUD/USD was trading at…
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The Japanese yen (JPY) closed higher for a second straight day on Thursday, returning to a more than two-week high hit a day earlier. Concerns that deepening conflicts in the…
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USD/CHF moved higher towards 0.8620 during the Asian session on Thursday. Although USD/CHF fell on Wednesday on disappointing U.S. jobs data, the pair recovered after Federal Reserve (FED) Chairman Jerome…
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NZD/USD attracted some buyers during Thursday’s Asian session and now appears to have halted the previous day’s losses from the 0.6175 area or two-week high. Spot prices are currently trading…
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In early Asian trading on Thursday, GBP/USD was still limited to the trading range of 1.26-1.28. The Bank of England will announce its interest rate decision tonight, and the market…
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The revelation of the Federal Reserve’s conference is that the Fed has not yet prepared for interest rate cuts. However, they are satisfied with the trend of currency tightening. Fed…
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USD/CAD regained some ground below 1.3450 during early Asian trade on Thursday. The U.S. dollar (USD) strengthened after Federal Reserve (Fed) Chairman Jerome Powell closed the possibility of a rate…
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U.S. stocks fell across the board on Wednesday, dashing hopes that the Federal Reserve would speed up its rate cuts as they found themselves ahead of the central bank’s policymakers.…