NZD/USD rose in early Asian trading on Tuesday. NZD/USD is firmer for the second day in a row despite a stronger US dollar (USD). Ahead of New Zealand’s economic growth…
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EUR/USD rebounded from a three-week low of 1.0723 recorded on Friday. During Monday’s Asian trading session, EUR/USD traded higher around 1.0760. However, the U.S. dollar (USD) gained momentum following stronger…
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The Indian rupee remains relatively calm ahead of the FOMC meeting. The Reserve Bank of India (RBI) Monetary Policy Committee decided to keep interest rates steady at 6.50 per cent…
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USD/CAD pares recent losses as the U.S. dollar (USD) attempts to move higher for a second consecutive day. In Asia on Monday, USD/CAD rose to around 1.3600. However, stronger crude…
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Over the weekend, NZD/JPY fell to 88.75, down nearly 0.25%, after hitting lows near the 100-day simple moving average (SMA) of 87.95. Overall, the short-term outlook is bearish, but bulls…
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USD/CAD was weak in early European trading on Friday. USD/CAD still faces resistance at the 50-day exponential moving average near 1.3600. As of press time, USD/CAD was trading at 1.3577,…
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Recent signs that the U.S. is pricing in “adjustment rate cuts” if the economy does not enter a recession have led to a weaker dollar. This is consistent with expectations…
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The Indian rupee (INR) weakened on Friday as investors turned cautious. Still, falling crude oil prices and foreign capital inflows are likely to limit the rupee’s losses. The Reserve Bank…
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USD/CAD is firmer in Asia on Thursday. The pair rebounded as U.S. dollar demand rebounded and oil prices fell. The exchange rate is currently trading at 1.3605, down 0.09% on…
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The Indian rupee (INR) continued to trade lower on Thursday amid renewed demand for the US dollar. The three-day monetary policy meeting of the Reserve Bank of India (RBI) begins…