Weaker dollar pushes INR higher on Tuesday Indian fund inflows are likely to boost the INR, while weakness in major Asian currencies and higher oil prices are likely to limit…
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USD/CHF traded lower at around 0.8925 in early Asian trading on Tuesday. The pair’s decline was supported by a weaker U.S. dollar (USD). Investors will be keeping a close eye…
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Silver prices may find support near the 50-day EMA at $29.01. Silver prices moved lower to around $29.60 per ounce in early European trading on Tuesday. Daily chart analysis shows…
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EUR/USD rises to 1.0740 even as Germany’s outlook appears bleak The ECB could then cut rates to boost sluggish demand prospects. The dollar will be influenced by the US core…
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EUR/USD could rise to 1.0760 before retreating. Analysts at UOB Group wrote that the euro may have entered a consolidation phase and the exchange rate may trade between 1.0670-1.0800 for…
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Instead of further gains, GBP is more likely to trade between 1.2650-1.2705. Strategists at UOB Group note that the slowdown in GBP’s upward momentum suggests that the possibility of GBP…
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AUD/USD weakened for the third consecutive day in early Asian trading on Monday, trading around 0.6640. A stronger U.S. dollar (USD) supported the AUD/USD pair’s decline following the release of…
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EUR/USD remained subdued for the third day on Monday, trading around the 1.0690-1.0685 area in Asian trading, just above its lowest level since early May. The uncertainty over the French…
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GBP/USD opened weak on Monday and remains near the lowest level since mid-May hit on Friday. Currently trading around 1.2635, bears are looking for a sustained break below the 100-day…
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The yen remained firm as Japanese authorities may intervene in the foreign exchange market. Japan’s top foreign exchange official Masato Kanda said he would be ready to intervene if necessary.…