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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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Technical Analysis: CHFJPY Shows Persistent Positive Momentum
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The CHFJPY pair has demonstrated a continuation of positive closings, maintaining a favorable stance above the additional support at 166.70. This positive stability has...
GBPJPY: Correctional Decline Continues
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The GBPJPY pair has affirmed its adherence to the corrective bearish bias by touching the 186.42 level, nearing the anticipated downside target. This bearish...
EURJPY: Bearish Momentum as Support Breaks at 161.70
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The EURJPY pair has successfully breached the support line of the bullish channel at 161.70, signaling a shift towards the bearish track, reaching the...
Hedge Funds Halve Bullish Dollar Bets as Rate Cut Expectations Soar: McGeever
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Hedge funds have significantly scaled back their optimism on the dollar, slashing net long positions against major and emerging currencies by $5.5 billion, the...
Asian Currencies Surge on Fed’s Potential Pivot; New Zealand Dollar Gains Ground on RBNZ’s Hawkish Outlook
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In a significant turn of events, the majority of Asian currencies experienced an upswing on Wednesday, fueled by less hawkish signals from Federal Reserve...
Asia FX Sees Gains as Dollar Hits 3-Month Low on Easing Fed Hike Fears
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In recent trading sessions, most Asian currencies have advanced, driven by the increasing belief that the Federal Reserve has concluded its interest rate hikes,...
Currency Market Update: Dollar Softens to November Low, Yen Gains in Market Adjustment
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In the latest developments in the currency market, the US dollar has experienced a dip, reaching its lowest point for November. The Bloomberg Dollar...
GBPJPY Encounters Resistance, Faces Potential Correction
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The GBPJPY pair recently achieved the previously indicated positive targets, reaching 188.65, where it encountered a substantial barrier. This led to a swift correctional...
EURJPY Seeks New Momentum Amidst Temporary Correction
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The EURJPY pair recently approached its second positive target at 163.80, but experienced a downturn influenced by a stochastic decline toward the 50 level....
Sterling’s Retreat Against Yen Reflects Anticipation of BoJ Policy Shift
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In the realm of Asian trading, the British pound initially surged to its highest level against the Japanese yen in over a week, peaking...
USD/CHF Holds Steady Amidst Uncertainty in Fed Rate Hikes and SNB Reserves Decline
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In the early stages of Asian trading, the USD/CHF currency pair exhibits stability, reflecting a climate of uncertainty among traders regarding the trajectory of...
Which Is the Best Currency in the World
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It is difficult to determine which currency is the best in the world as it can depend on various factors such as economic stability,...