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Japanese Yen strengthens amid looming intervention risks; lacks bullish conviction
USD/JPY drifts lower during the Asian session, though the downside potential seems limited. The wide US-Japan rate differential might continue...
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GBP gains as easing Fed hike bets weigh on US Dollar
GBP/USD rises as the US Dollar struggles after soft US data prompts markets to scale back Fed rate hike bets....
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Goldman Sachs turns even more bearish on yen
Goldman Sachs has significantly raised its forecasts for the USD/JPY pair, becoming one of the most bearish investment banks on...
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EUR/JPY Price Tests 185.00 after breaking above moving averages
EUR/JPY could test the upper boundary of the symmetrical triangle around 185.90. The 14-day Relative Strength Index is at 51,...
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AUD/USD Price Retreats from 38.2% Fibo. hurdle; holds above 0.6900
AUD/USD kicks off the new week on a weaker note, snapping a two-day winning streak. The mixed technical setup warrants...
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India Rupee Halts Losses
The Indian rupee hovered around 95.2 per dollar, pausing recent losses after multi-week lows as investors assessed persistent dollar demand,...
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GBP flat lines around mid-1.3300s vs USD amid Iran tensions
GBP/USD opens the new week on a subdued note amid a mixed fundamental backdrop. Hormuz risks offer support to the...
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Japanese Yen weakens under high import costs despite JGB yield hitting 30-year highs
USD/JPY rises as the Japanese Yen falls amid high import costs. 10-year JGB yield reaches a fresh 30-year high of...
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New Zealand Dollar declines as NZIER splits on July decision
NZD/USD falls as a 1.0% drop in June's ANZ Commodity Price Index weakened the NZD. The NZD faces volatility as...
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Canadian Dollar weakens despite higher oil prices
USD/CAD may decline as the commodity-linked Canadian Dollar may receive support from higher oil prices. OPEC+ approved an 188,000-barrel-per-day output...
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Dollar Holds Losses on Easing Rate Hike Bets
The dollar index remained below 101 on Monday after posting weekly losses, as softer-than-expected US jobs data and lower oil...
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Australian Dollar remains on the front foot vs weaker USD after China Services PMI
AUD/USD attracts buyers for the second straight day as receding Fed hike bets undermine the USD. Spot prices move little...
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