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EURCHF Registers Gains, Bullish Momentum Expected – February 12, 2025
The EURCHF currency pair has regained a bullish momentum after settling above key support at 0.9380. This has allowed the pair to surpass the...
AUDCAD Continues Bearish Trend – Forecast for February 10, 2025
The AUDCAD pair maintains its downward trajectory after confirming a breakdown below the 0.9115 resistance level. Recently, the pair has moved beneath the 55-period...
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 as a reserve currency. Despite its dominance,...
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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?
When it comes to global finance and foreign exchange markets, the US dollar (USD) is often seen...
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What backs the US dollar?
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The US dollar (USD) stands as a global powerhouse, serving as the world's primary reserve currency and facilitating international trade. Its widespread use in...
What is the richest currency in Asia?
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Asia is home to some of the world's most vibrant economies and thriving financial markets. With diverse cultures, histories, and economic landscapes, the continent...
India’s Central Bank Lifts Restrictions on Forex Non-Deliverable Forward Arbitrage by Banks
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India's central bank, the Reserve Bank of India (RBI), is reportedly easing restrictions on banks' arbitrage trades involving the outright foreign exchange over-the-counter (OTC)...
Dollar Retreats Ahead of Key Economic Data in a Packed Week
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The dollar saw a mostly lower performance as market participants anticipated U.S. durable goods orders and crucial inflation data later in the week, which...
Asian Currencies Edge Higher as Dollar Eases; Yen Buoyed by Steady Inflation
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Most Asian currencies experienced modest gains on Tuesday, finding relief in the mild decline of the dollar ahead of a crucial inflation reading that...
Asia FX Weakens as Dollar Gains Momentum Ahead of Key Rate, Inflation Indicators
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In the Asian markets, most currencies experienced a decline on Monday, while the dollar saw a resurgence amid anticipation of significant cues regarding interest...
EURJPY Poised for Breakthrough Beyond 163.20 Barrier – Analysis for 26-2-2024
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The EURJPY pair encountered resistance at the 163.20 barrier, leading to a period of mixed trading with fluctuations that brought it to around 162.55....
GBPJPY Exploits Support Line Stability, Maintaining Bullish Momentum – Analysis for 26-2-2024
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The GBPJPY pair continues its bullish trajectory, consistently holding above the supplementary support level at 189.90. Recent market activity saw the pair achieving a...
Dollar Retreats Ahead of PMI Data; Euro, Sterling Gain
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In early European trade, the U.S. dollar retreated as risk sentiment improved following Nvidia's stellar earnings, while traders awaited the release of crucial business...
Dollar Dips as Investors Await Data for Fed Rate Cut Clues
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The dollar index dipped but rebounded from a three-week low as investors awaited new data for insights into when the U.S. Federal Reserve might...
Asia FX Weakens, Dollar Steady on Hawkish Fed Comments and Strong Labor Data
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Most Asian currencies faced declines on Friday, while the dollar stabilized after recent losses, following hawkish signals from the Federal Reserve and robust U.S....
Dollar Edges Up as Investors Assess Rates Outlook
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The U.S. dollar saw a marginal increase, extending its upward trend for the fifth consecutive week, propelled by robust inflation data. However, the yen...