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Global Markets Await U.S. Inflation Data: Dollar Holds Steady Amidst Thin Trading

The global currency markets maintained a cautious stance on Monday, with most European and Asian currencies trading in a narrow range, while the US...

Australia Stocks Lower at Close of Trade; S&P/ASX 200 Down 1.08%

May 24, 2024 - Australia stocks closed lower on Friday, with losses in the Consumer Discretionary, A-REITs, and IT sectors leading shares downward. At the...

Japan Stocks Lower at Close of Trade; Nikkei 225 Down 1.27%

May 24, 2024 - Japan stocks closed lower on Friday, with losses in the Shipbuilding, Steel, and Gas & Water sectors leading shares downward. At...

BofA Forecasts EUR-USD to Reach 1.12 by Year-End, Exceeding Consensus

Bank of America (BofA) has unveiled its currency market forecast, predicting the EUR-USD exchange rate to hit 1.12 by the close of 2024. Analysts...

Asia FX Subdued, Dollar Stable Ahead of Further Fed Guidance; Yen Remains Vulnerable

Most Asian currencies experienced slight weakness on Monday, while the dollar maintained stability as traders eagerly awaited additional signals regarding interest rates from the...

Australia’s S&P/ASX 200 Index Slips 0.85% Amid Declines in IT, Healthcare, and A-REITs Sectors

Australia's stock market witnessed a downturn as losses in the IT, Healthcare, and A-REITs (Australian Real Estate Investment Trusts) sectors dragged shares lower on...

Japan’s Nikkei 225 Falls 0.40% as Power, Retail, and Real Estate Sectors Dip

Japan's stock market witnessed a downturn on Friday's close, with losses in the Power, Retail, and Real Estate sectors leading shares lower. The Nikkei 225...

Asia FX Gains Ground as CPI Data Weakens Dollar, Fuels Rate Cut Speculation

Most Asian currencies saw gains on Thursday following softer U.S. consumer inflation readings that pushed the dollar to a one-month low, prompting traders to...

Japan Stocks Higher at Close of Trade; Nikkei 225 Up 1.41%

Japan stocks ended the trading session on Thursday on a positive note, with gains seen in the Manufacturing, Mining, and Precision Instruments sectors leading...

How many units is 1 forex?

In the world of forex trading, understanding the concept of units is essential for calculating position sizes, managing risk, and executing trades effectively. But...

Is Japan gold good quality?

Japan has a rich history of craftsmanship and attention to detail, making it a desirable destination for high-quality goods and products. When it comes...

Which currency to buy now?

In the dynamic world of currency trading, making the right decision about which currency to buy can be challenging and crucial for investors seeking...

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