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Forex

150 posts
  • Forex

The euro extends its decline to fresh six-month lows near 1.0570

  • September 26, 2023
The bearish sentiment surrounding the Euro (EUR) against the US Dollar (USD) gathers further steam, pushing EUR/USD to new six-month lows around 1.0570 on Tuesday. On the other hand, the greenback advances…
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  • Forex

The GBP/USD continues to slide, testing waters below 1.2250.

  • September 23, 2023
The GBP/USD is looking for further downside to end the trading week, probing chart space below 1.2250 heading into the final hours of Friday’s trading session. The UK’s Bank of…
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  • Forex

USD/CNH now faces further side-lined trading – UOB

  • September 21, 2023
USD/CNH is now predicted to navigate within the 7.2800–7.3400 range in the next few weeks, argue Economist Lee Sue Ann and market Strategist Quek Ser Leang at UOB Group. Key Quotes…
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  • Forex

Price Analysis for AUD/USD: Stays susceptible to retesting the 2023 low; the focus is targeting 0.6330

  • September 7, 2023
Early Thursday morning in the European session, the AUD/USD pair maintained its lower position around 0.6375–70, eroding the previous day’s recovery from a 10-month low. Nevertheless, Reserve Bank of Australia…
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  • Forex

ECB Lagarde: Critical inflation expectations remain anchored at 2%

  • August 27, 2023
Critical inflation expectations are still set at 2%, according to Lagarde According to Christine Lagarde, president of the European Central Bank (ECB), crucial inflation expectations are still anchored around 2%.…
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  • Forex

EUR/USD falls below the 200-day SMA at the end of the week

  • August 26, 2023
The 200-day SMA was breached by EUR/USD at the end of the week. To end the week, the EUR/USD dropped below the 200-day SMA of 1.0800 and approached the 1.0795…
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  • Forex

NZD/USD now moved into a consolidation phase – UOB

  • August 24, 2023
NZD/USD has now entered a phase of consolidation – UOB According to UOB Group economist Lee Sue Ann and market strategist Quek Ser Leang, NZD/USD should currently trade in the…
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  • Forex

EUR/USD: No rash Euro sales due to weaker-than-expected PMIs, according to Commerzbank

  • August 23, 2023
Even though everyone is anticipating Jackson Hole this week, the Eurozone’s purchasing managers’ indices for August are out today, so it is still worthwhile to look at the statistics from…
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  • Forex

GBP/JPY drops again towards the 186.00 mark as it Continues to decline from its multi-year top

  • August 22, 2023
GBP/JPY corrects from a new multi-year top under pressure from the JPY’s resurgent demand. The benchmark 10-year JGB yield increases to a nine-year high, supporting the JPY. For aggressive bearish…
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  • Forex

The mid-157.00s remain a key area of interest for bears in their analysis of the EURJPY exchange rate

  • August 18, 2023
The Euro to Japanese Yen exchange rate has been stagnant recently, sitting at a weekly low.Stagnant prices, a reversal from an upward trend line, and bearish MACD signals all point…
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