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NZDCAD Outlook: Bearish Trend Remains in Place – Forecast for February 18, 2025
The NZDCAD currency pair has recently experienced a short-term bullish correction, bouncing off the 50% Fibonacci retracement level at 0.8035. This rebound coincided with...
EURJPY Faces Further Losses – Forecast for February 10, 2025
The EURJPY pair continues its downward movement, recently dipping below 157.25 and surpassing the previous support level at 156.20. This morning, the pair reached...
What Is the Currency in Luxembourg?
Luxembourg, a small but prosperous country nestled between Belgium, France, and Germany, is known for its high standard of living, robust financial sector, and...
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What Currency is Stronger than the US Dollar?
The United States dollar (USD) is the world's most widely used currency, both in global trade and...
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Why Is the Pound So Strong?
The British pound (GBP) is one of the oldest currencies still in circulation and has been a...
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What Is the Most Expensive Money in the World?
Currency is an essential component of the global economy, acting as a medium of exchange, a store...
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Which Currency is Higher Than the Dollar?
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When it comes to global finance and foreign exchange markets, the US dollar (USD) is often seen as the benchmark currency. As the world’s...
EURJPY Delays Decline – Forecast for January 22, 2025
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The EURJPY currency pair has recently postponed its anticipated decline, closing positively above the 160.20 support level. The pair has shown resilience, benefiting from...
EURNZD Continues Bullish Momentum – Forecast for January 22, 2025
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The EURNZD currency pair has recently shown consistent bullish behavior, closing positively above the key 1.8270 support level. The price has been moving upward,...
Dollar Weakens, Yen Strengthens Ahead of Trump Inauguration
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The U.S. dollar weakened against the Japanese yen on Thursday, reaching a near one-month low, driven by softer-than-expected U.S. economic data and rising expectations...
UBS Predicts Dollar Strength to Persist, Forecasts EUR/USD Below Parity by Year-End
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UBS analysts predict that the U.S. dollar will maintain its strength through the end of the year, driven by higher interest rates from the...
NZD/USD Price Forecast Update: January 14, 2025
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The NZD/USD pair has recently made further positive movements, approaching the resistance line of its bearish channel. Traders are advised to anticipate a bearish...
EURJPY Resumes Decline – Forecast for January 3, 2025
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The EURJPY currency pair has successfully breached the support line of a minor bullish channel at 162.20, triggering a negative move that has seen...
Rupee Hits Fresh All-Time Low of 85.80: Why Is the Indian Currency Falling Against the Dollar?
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The Indian rupee has hit a fresh all-time low of 85.80 per US dollar on Friday, marking a significant decline for the fourth consecutive...
Bitcoin Price (BTCUSD) Confirms Break Below Key Support – Market Outlook for 30th December 2024
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Bitcoin (BTCUSD) has successfully broken below the key support level at $95,195, closing the previous daily candle below it. This confirms the continuation of...
GBPJPY Maintains Bullish Momentum – Market Outlook for 30th December 2024
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The GBPJPY pair has successfully closed above the 61.8% Fibonacci retracement level at 197.30, confirming the continuation of the bullish trend. This morning, the...
EURCHF Surpasses Key Resistance Level, Eyes Further Gains – Market Outlook for 30th December 2024
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The EURCHF currency pair has been buoyed by positive momentum, recently breaking through the 0.9380 mark. This rally comes amid heightened pressure from stochastic...
Gold Price Holds Losses Amid Safe-Haven Demand and Market Caution
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Gold prices have continued to experience downward pressure despite a rise in safe-haven demand, as traders await key signals regarding the U.S. economy and...