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The Australian dollar versus the New Zealand dollar currency pair is about to test the major support of 1.0707. Is there any way to grasp the direction?…
The Turkish lira is strengthening against several major currency competitors on Tuesday as investors anticipate the central bank to cut interest rates. Forex markets are…
The British pound today rallied higher against the US dollar extending yesterday’s gains driven by positive investor sentiment and the mixed UK jobs data. The GBP/USD…
The Great Britain pound versus the US dollar currency pair corrected from the 1.2100 area. Is this a simple correction of the downwards movement, or is it…
The Chinese yuan is weakening against its primary currency competitors to start the trading week. Trading patterns appear to reveal that investors are uncertain…
The Australian dollar versus the US dollar seems not to be profiting from the appreciation opportunities. Is this a sign that the bears are preparing the next…
The Australian dollar was soft today despite a rebound of industrial production in China — Australia’s biggest trading partner. Other indicators released in China today were…
The US dollar is holding steady to finish the trading week as investors comb through the worse-than-expected retail sales report for April. The greenbackâs endurance was further…
The New Zealand dollar was the weakest among the most-traded currencies on the Forex market today. While domestic macroeconomic data could have played a part in the decline,…
The euro today rallied to new daily highs against the US dollar after the release of weak US data, but the single currency later gave up…
The US dollar versus the Japanese yen currency pair oscillates around the 107.09 level. Is there a lack of direction? Long-term perspective The depreciation that started…
The euro today fell against the US dollar driven by the risk-off market sentiment dominated by fears of a looming global recession in the aftermath of the COVID-19 pandemic. The EUR/USD currency…
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