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USD/JPY Consolidates Amidst Resistance, Analysts Assess Future Prospects
The USD/JPY currency pair is currently consolidating around the 151.60 mark, facing resistance as it struggles to surpass its November...
Read moreUS Dollar Bounces Back, Bolstered by Positive Data and Powell’s Speech Awaited
The US Dollar (USD) showcased a remarkable resurgence following a late Wednesday selloff, with the USD Index climbing over 0.5%...
Read moreAustralian Dollar Weakens Amid US Dollar Strength
The Australian Dollar (AUD) experienced a second consecutive decline on Friday, largely influenced by a strengthening US Dollar (USD) following...
Read moreCommerzbank Analysis: Russian Central Bank Meeting and Rouble Outlook
As the Russian Central Bank (CBR) convenes today, economists at Commerzbank delve into the prospective trajectory of the Rouble (RUB)...
Read moreEUR/USD Faces Volatility Amidst Central Bank Speeches
On Friday, EUR/USD saw a marginal decline of a quarter of a percent, hovering in the lower 1.0800s just beneath...
Read moreUSD/CAD Rises as US Dollar Strengthens, Eyes Further Upside Momentum
During Friday's European session, the USD/CAD pair surged to 1.3570, buoyed by a robust US Dollar. The trajectory of the...
Read moreUS Dollar Gains Momentum Post-Central Bank Decisions
Following a series of central bank decisions throughout the week, the US Dollar (USD) has exhibited robust momentum, prompting economists...
Read moreBank of England’s Meeting Fails to Propel Pound Sterling
Thursday's Bank of England meeting did little to invigorate the Pound Sterling (GBP), leaving economists at Commerzbank to dissect its...
Read moreIndian Rupee Strengthens Amidst Global Economic Indicators
The Indian Rupee (INR) exhibited robust trading dynamics on Thursday, bolstered by a decline in the US Dollar (USD). The...
Read moreEUR/JPY Sees Soft Trading Above 165.00 Amidst Rate Hike Speculations
During the early European trading hours on Thursday, the EUR/JPY cross has exhibited a subdued tone above the 165.00 mark....
Read moreUSD/CAD Retreats Near 1.3470 Amidst Support from Rising Crude Oil Prices
During the Asian trading session on Thursday, the USD/CAD pair continued its downward trajectory, nearing the 1.3470 mark for the...
Read moreAustralian Dollar Gains Traction Amid Positive Economic Indicators
The Australian Dollar (AUD) sustained its upward trajectory for the second consecutive session on Thursday, buoyed by encouraging employment data...
Read moreJapanese Yen Faces Fresh Selling Pressure
The Japanese Yen (JPY) encountered substantial selling pressure during the European session on Thursday, relinquishing a significant portion of its...
Read moreING Economists Analyze Potential Impact of Bank of England Meeting on Pound Sterling (GBP)
Economists at ING delve into the potential effects of the Bank of England (BoE) meeting on the Pound Sterling (GBP)....
Read moreGold Price Retreats from Record High Amid Risk-On Sentiment and Fed Rate Cut Expectations
The price of gold (XAU/USD) experienced a slight retreat after reaching a fresh record high earlier this Thursday, hovering just...
Read moreUSD/CHF Rebounds as SNB Cuts Interest Rates
The USD/CHF pair has experienced a rebound, shifting into positive territory amidst the Swiss National Bank's (SNB) decision to reduce...
Read morePeople’s Bank of China Maintains Loan Prime Rate Amidst Steady Economic Climate
The People's Bank of China (PBoC) announced on Wednesday its decision to maintain the Loan Prime Rate (LPR) across the...
Read moreAUD/JPY Cross Gains Momentum Below Psychological Barrier Amidst Yen’s Decline
During the early hours of Wednesday's European trading session, the AUD/JPY cross surged below the crucial 99.00 psychological threshold. The...
Read moreIndian Rupee Weakens Near One-Month Low Amid Global Factors
On Wednesday, the Indian Rupee (INR) experienced a decline, nearing its lowest level in a month. This downtrend can be...
Read moreJapanese Yen Continues Downward Spiral Amidst BoJ-Fed Policy Divergence
The Japanese Yen (JPY) faces continued downward pressure for the seventh consecutive day, plunging to a fresh four-month low against...
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The Thai Baht (THB) is the official currency of Thailand, a country in Southeast Asia known for its rich cultural...
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