On Wednesday, traders will focus on weekly U.S. jobless claims, durable goods orders and a survey of U.S. economic sentiment. USD/CHF is trading lower during the Asian session on Wednesday.…
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In early trading in Asia on Wednesday, the New Zealand dollar/US dollar maintained a good trend for the fourth consecutive day. A weaker U.S. dollar and lower U.S. bond yields…
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The Australian dollar extended gains for a third consecutive session on Tuesday. The rally was fueled by hawkish comments from Reserve Bank of Australia Governor Bullock. In addition, the hawkish…
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USD/JPY extended a losing streak that began on Thursday and hit a fresh eight-week low, trading around 147.40 during the European session on Tuesday. Following the 38.2% Fibonacci retracement level…
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USD/CHF faces challenges for a third straight day, likely affected by improving risk appetite and signs of cooling in the labor market, as investors anticipate a dovish stance from the…
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NZD/USD extended gains near three-month highs and was trading around 0.6050 during the European session on Tuesday. Selling pressure on the U.S. dollar continued as consensus grew that the Federal…
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USD/MXN fell to 17.1800 during the European session on Monday, giving up recent gains. Markets tend to believe that the Federal Reserve may cut interest rates in the first half…
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AUD/USD found upward support following China’s interest rate decision. The People’s Bank of China kept the lending prime rate (LPR) unchanged at 3.45%, as expected. However, the AUD/USD pair faces…
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The Indian Rupee (INR) stands as a testament to India’s economic and cultural richness. This article presents an exhaustive exploration of the INR, traversing INR historical roots, symbolic representation, currency…
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The Mexican Peso (MXN) stands at the intersection of history, culture, and economics, embodying the vibrant essence of Mexico’s financial landscape. In this in-depth journey into the realm of currency,…