Forex

South Korean Won Holds Ground on Strong Data

The South Korean won held around 1,386 per dollar on Friday after rising for two straight sessions, as markets weighed…

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Offshore Yuan Retreats, Still Poised for Monthly Gains

The offshore yuan weakened to around 7.12 per dollar on Friday, retreating from a more than nine-month high reached in…

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GBP wobbles as focus shifts to US data

The Pound Sterling trades in a tight range around 1.3500 against the US Dollar ahead of the second estimate of…

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EUR/USD fluctuates with investors awaiting key data releases in the US

The Euro consolidates within previous ranges against the US Dollar after bouncing up from lows. Fed Williams boosted hopes of…

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USD/CAD falls toward 1.3750 as US Dollar declines on Fed concerns

USD/CAD depreciates amid rising concerns over Fed independence. Fed Governor Cook’s exit could increase the likelihood of interest rate cuts.…

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EUR/USD ticks up to near 1.1650, French risks might cap upside

EUR/USD edges up to near 1.1650 as the US Dollar faces selling pressure. Fed’s Williams supported the need to look…

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USD/CHF extends the decline to near 0.8000 ahead of Swiss/US GDP releases

USD/CHF softens to near 0.8015 in Thursday’s Asian session.  Fed’s Williams signaled a rate cut at the policy meeting next…

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EUR/JPY Price Forecast: Positive view prevails above 171.00, eyes on French politics 

EUR/JPY drifts lower to near 171.25 in Thursday’s early European session. Positive view of the cross prevails above the 100-day…

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AUD/NZD trades near 1.1100 after pulling back from six-month highs

AUD/NZD pulled back from a six-month high at 1.1131, reached on Thursday. Australia’s Private Capital Expenditure climbed 0.2% in Q2,…

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The Australian Dollar holds ground as US Dollar remains subdued ahead of GDP data

Australian Dollar appreciates as Private Capital Expenditure climbed 0.2% in Q2, against the expected 0.7% rise. The AUD gained support…

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