USD/CAD is trading below 1.3200 on Wednesday in Asia. However, Canadian economic data points to a slowdown. Canada’s GDP failed to grow for the fourth consecutive month on a monthly…
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GBP/USD is hovering around 1.2720 on Wednesday in Asia. The U.S. dollar is facing downward pressure against the pound (GBP) as market expectations that the Federal Reserve may adopt easing…
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USD/JPY rose in early trading in Asia on Wednesday. USD/JPY hit 142.84 after the Bank of Japan (BoJ) released its Summary of Opinions and is currently trading around 142.60. The…
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In early Asian trading on Wednesday, EUR/USD was trading near 1.1040, its highest level since August. With no important economic data released this week, the dollar is likely to remain…
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Former Dallas Federal Reserve (Fed) President Robert Kaplan said the Fed is expected to begin cutting interest rates soon to avoid the risk of the U.S. economy slipping into recession.…
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The Federal Reserve has the dual mission of achieving price stability and full employment. Generally speaking, this task is easier said than done. The difficulty, of course, is that given…
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AUD/USD fell slightly in early Asian trading on Wednesday. However, downside for AUD/USD remains limited as dovish comments from the Fed are likely to keep the US dollar (USD) under…
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Canada’s economic growth data are more weaker than expected and lack of positive trends. The monthly gross domestic product shows that following the economic contraction in the third quarter, the…
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In the realm of numismatics and currency collecting, the humble 1 Rupee note holds a special place. Beyond its nominal face value, this seemingly everyday piece of currency carries a…
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In the realm of international finance and cross-border transactions, the exchange between different currencies plays a pivotal role in facilitating trade, travel, and economic interactions. One such currency pair that…