The Indian rupee traded in negative territory. A stronger dollar and concerns about oil supply disruptions in the US triggered a fall in the rupee. Investors will closely watch the…
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EUR/USD continued its sixth straight day of gains, trading around 1.0830 in Asian trading on Tuesday. The euro continued to rise as investors digested the initial shock of the French…
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USD/CHF strengthened for the second day in early European trading on Tuesday, trading around 0.8980. Meanwhile, the US dollar index consolidated around the 105.00 level ahead of Federal Reserve (FED)…
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GBP/USD fluctuated above 1.2800 in early London trading on Tuesday. Investors are awaiting the semi-annual congressional testimony of Federal Reserve (FED) Chairman Jerome Powell, which is scheduled for 14:00 GMT…
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EUR/GBP struggled to extend gains above short-term resistance at 0.8450 in early European trading on Tuesday. The unexpected upper hand of Jean-Luc Melenchon’s Left, also known as the “New Popular…
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EUR/USD held steady above 1.0800, stuck in a limited trading range, as investors avoided taking big positions ahead of Federal Reserve Chairman Jerome Powell’s testimony before Congress. Comments from Fed…
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NZD/USD fell for the second day in a row, trading around 0.6120 in early European trading on Tuesday. The decline could be attributed to traders being cautious ahead of the…
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GBP/USD was weak in early Asian trading on Monday, trading around 1.2805, interrupting a seven-day winning streak. The rebound in the US dollar pushed GBP/USD lower. However, GBP/USD’s downside may…
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The Australian dollar fluctuated lower as the market maintained risk aversion on Monday. The recovery of demand for the US dollar put pressure on the Australian dollar/US dollar. The Australian…
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The 4-hour chart shows that EUR/USD has broken above the 1.0780 resistance area. The price closed above the 100 SMA (red, 4-hour) and the 200 SMA (green, 4-hour). EUR/USD even…