USD/JPY held near 159.10 after rebounding from a near three-week low of 157.41 in early Asian trading hours on Friday. The upside for the pair may be limited due to…
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The EUR/JPY cross rebounded from a two-week low hit during the Asian session last Friday and moved back above the 173.00 round-number mark in the final hour. Spot prices now…
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The Indian rupee (INR) lost traction on Friday amid a modest recovery in the US dollar (USD). Demand for USD from state-owned banks and local importers limited the potential gains…
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GBP/USD was oscillating between slight gains/losses around the 1.2900 mark during the Asian session on Friday, still some distance from the one-year high hit the previous day. The US dollar…
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USD/CHF fell to around 0.8960 during early European trading on Friday. The pair was supported by a weaker dollar after U.S. consumer prices unexpectedly fell in June. Investors will get…
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NZD/USD hovered around 0.6100 during early European trading on Friday as investors reacted to weak PMI data from New Zealand. The New Zealand Business Manufacturing Purchasing Managers’ Index fell to…
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The dollar index fell for the second consecutive day in the Asian session on Thursday, trading around 104.95. The dollar index fluctuated lower despite the cautious stance of Federal Reserve…
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The AUD/JPY cross rose for the third consecutive day in Asian trading on Thursday, rising to its highest level since May 1991, around 109.35. Although speculation that the Bank of…
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USD/CHF fell modestly around 0.8995, snapping a three-day winning streak in early European trading Thursday. Heightened bets on a rate cut from the Federal Reserve (FED) dragged the pair lower.…
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EUR/GBP remained on the defensive around 0.8425 in early European trading on Thursday. The pair fell modestly following the release of monthly UK GDP data. The UK economy grew more…