Forex

Dollar Weakens on Fiscal and Trade Worries

The US dollar index fell to around 96.7 on Tuesday, its lowest level since February 2022, as growing concerns over…

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USD/CHF depreciates to near 0.7900 ahead of Swiss economic data

USD/CHF holds losses ahead of the Swiss Real Retail Sales and SVME Purchasing Managers’ Index data due on Tuesday. President…

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USD/INR weakens as traders await Fed’s Powell speech, US PMI data

The Indian Rupee strengthens in Tuesday’s early European session.  The Fed’s dovish stance and lower crude oil prices support the…

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US Dollar Index falls to fresh lows near 96.50 ahead of ISM Manufacturing PMI data

The US Dollar Index has recorded 96.62, the lowest since March 2022, on Tuesday. The Greenback struggles amid rising Fed…

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EUR/USD extends the rally to near 1.1800 ahead of Eurozone inflation, US ISM PMI data

EUR/USD extends upside to around 1.1790 in Tuesday’s early European session.  The US is reportedly seeking narrower deals to secure…

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Sterling ( GBP) Hovers at Near 4-Year High

The British pound held steady around $1.371, near its highest since October 2021, as a new UK-US trade deal took…

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GBP/USD Price Forecast: Rebounds toward 1.3750 near multi-year highs

GBP/USD may find resistance at 1.3770, the highest since October 2021. A break above the 70 mark would signal overbought…

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AUD/USD appreciates to near 0.6550 following MI Inflation Gauge, China’s NBS PMI data

AUD/USD edges higher as TD-MI Inflation Gauge rose 0.1% MoM in June, against a 0.4% previous decline. China’s NBS Manufacturing…

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USD/JPY attracts some sellers below 144.00 on weaker US Dollar

USD/JPY softens to near 143.85 in Monday’s Asian session, down 0.53% on the day.  Expectations for earlier Fed interest rate…

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USD/INR edges higher as strengthening Oil prices weigh on Indian Rupee

The Indian Rupee weakens ahead of economic figures from India due on Monday. Oil prices may lose ground amid rising…

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