During the Asian session on Wednesday, the pound fell slightly against the dollar, staying away from the two-week high of 1.2870-1.2875 hit the day before. However, downside for GBP/USD remained…
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In Asia on Wednesday, the US dollar/Canadian dollar rebounded from nearly four-week lows and recovered some of the losses from the previous day. USD/CAD managed to hold above the 1.3700…
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In Asia on Wednesday, the AUD/NZD broke its three-day losing streak and traded around 1.0990. The Reserve Bank of New Zealand unexpectedly decided to cut the official cash rate (OCR)…
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Singapore, known for its robust economy and vibrant culture, has undergone several changes in its monetary system since its independence in 1965. These changes include the issuance of different series…
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During early European trading on Tuesday, the euro-sterling cross fell to around 0.8540. The pair traded lower following recent mixed UK labor market data. Attention will turn to Germany’s August…
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GBP/JPY is higher for a second day in a row, trading around 188.70 during the Asian session on Tuesday. The pound was supported by hawkish comments from Bank of England…
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During the Asian session on Tuesday, the euro rose to around 1.0940 against the dollar. The pair edged higher as the U.S. dollar consolidated. The U.S. Producer Price Index (PPI)…
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GBP/USD attracted some bargain hunting during the Asian session on Tuesday and climbed to new intraday highs around 1.2775-1.2780 in the past hour. However, spot prices remained confined to the…
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AUD/JPY attracted some buying for the second day in a row on Tuesday and is still trading around the one-and-a-half-week top of 97.85 hit the previous day. Spot prices are…
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JPY/USD extended losses on Tuesday. Rising geopolitical tensions in the Middle East and safe-haven capital inflows may limit the yen’s downside. The Japanese Diet is scheduled to hold a special…