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U.S. Dollar Extends Decline Following Sharpest Drop Since 2022
The U.S. dollar continued its steep decline in Friday’s Asian trading, following its largest single-day drop in over three years. Mounting economic uncertainty, renewed...
Markets Show Little Concern Over U.S. Tariff Threats, Analyst Warns
Currency market movements indicate a lack of concern over potential U.S. tariffs, according to MUFG Bank strategist Derek Halpenny. In a note to clients,...
Markets React as Powell Dismisses Recession Fears, USD Slips
Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession risks in the U.S. were "not high"...
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USDCHF Price Sees Intraday Gains – Forecast for March 14, 2025
The USDCHF pair has shown positive movement, trading within a minor bullish channel observed on the chart....
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EURGBP Sees Significant Gains – Forecast for March 12, 2025
The EURGBP currency pair has regained its bullish momentum, breaking above the key resistance level of 0.8315....
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EURNZD Surges with Strong Gains – Forecast for March 10, 2025
The EURNZD pair experienced a significant bullish rally last Friday, breaking above the 1.8880 resistance level of...
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Dollar Falls as Market Prices in Rate Cut by May
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The U.S. dollar experienced a decline against the euro and yen on Thursday as investors continued to anticipate a potential interest rate cut by...
What is Switzerland famous for?
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Switzerland, nestled in the heart of Europe, is renowned for its picturesque landscapes, precision engineering, and a distinct currency known as the Swiss Franc....
AUDUSD Completes Bearish Pattern, Paving the Way for Further Declines
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As today's trading session commences, the AUDUSD pair exhibits pronounced negativity, targeting the 0.6570 level and showing clear intentions to breach it. A detailed...
NZDUSD Encounters Firm Resistance, Paving the Way for Potential Bearish Movement
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The NZDUSD pair has encountered robust resistance at the 0.6140 level, prompting a bearish rebound with a trajectory towards a potential test of 0.6070...
USDCHF Awaits Confirmation Signal as Range-bound Trading Persists
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The USDCHF pair has exhibited limited movement within a narrow range since the previous session, remaining ensnared between key support at 0.8605 and resistance...
USD/CHF Encounters Negative Pressures Amidst Potential Reversal Patterns
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The USD/CHF pair is currently experiencing fresh negative trades, settling below the 0.8630 level. Notably, there is an emerging potential double top pattern on...
GBP/JPY Initiates a Decline, Confirming Bearish Scenario
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The GBP/JPY pair has initiated a response to negative factors, marked by the establishment of an additional barrier at 189.00 and signals of negative...
EUR/JPY Resumes Downward Trend with Clear Bearish Signals
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The EUR/JPY pair has witnessed a consistent decline marked by distinct negative trades, primarily influenced by the frequent oscillation within a bearish channel. This...
CAD/JPY Pair Consolidates Below Resistance, Bearish Outlook Prevails
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The CAD/JPY pair has seen multiple closures below the critical resistance level of 110.45, significantly dampening the prospects of establishing new positive positions. It...
NZDUSD Consolidates Above Support, Primed for Bullish Momentum
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The NZDUSD pair has successfully tested the level of 0.6070 and maintained stability above it. Currently, the pair is exhibiting positive trades, indicating an...
USDCHF Nears Initial Target Amid Positive Momentum
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The USDCHF pair has recommenced its upward trajectory, inching closer to the initially awaited target at 0.8740. Further upward movement is anticipated to achieve...
GBPJPY Achieves Initial Target Amid Bearish Momentum
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The GBPJPY pair has experienced successive negative closures, influenced by the resilience of the major resistance at 189.25. This led to the formation of...