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Japanese Yen weakens further below 152.00 against USD, fresh three-month low – FXStreet
The Japanese Yen has continued to weaken against the US Dollar, falling below 152.00 and reaching a fresh three-month low. This decline in value has been ongoing, with the Yen…
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GBP/USD tests 1.3000, faces headwinds due to dovish sentiment surrounding the BoE – FXStreet
The GBP/USD pair is currently testing the key level of 1.3000, but is facing challenges due to a dovish sentiment surrounding the Bank of England (BoE). This sentiment is putting…
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FX Watch: AUD/SGD in wedge formation, EUR/USD nearing trendline support – IG
In the world of foreign exchange markets, the Australian Dollar/Singapore Dollar (AUD/SGD) pair is currently showing a wedge formation. This pattern typically indicates a potential…
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USD/CAD Falls to 1.3819 as Markets Await Crucial BoC Rate Decision and Policy Report – FX…
The USD/CAD pair has dropped to 1.3819 as investors eagerly anticipate the upcoming Bank of Canada (BoC) rate decision and policy report. This crucial event is expected to have a…
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EUR/USD Forecast: Euro could stretch lower once 1.0800 is confirmed as resistance – FXStreet
The Euro to US Dollar (EUR/USD) forecast suggests that the Euro may continue to weaken once it faces resistance at the 1.0800 level. This resistance could signal a downward trend…
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GBP/JPY Prepares for a Downward Shift After Rising Wedge Breakout – Investing.com
The GBP/JPY pair is gearing up for a downward movement following a breakout from a rising wedge pattern. This pattern typically signals a potential reversal in the trend. The pair…
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Pound euro exchange rate flat ahead of BoE speech – TorFX News
The exchange rate between the pound and the euro has remained stable as investors await a speech from the Bank of England. The pound euro exchange rate has not seen much movement…
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USDCHF Overbought But Has Room to Run Higher to 0.90 – FX Leaders
The USDCHF pair is currently overbought, but there is still potential for it to rise further towards the 0.90 level. According to FX Leaders, the currency pair has room to continue…
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New Zealand Trade Deficit Helps NZD/USD Resume Downtrend – FX Leaders
The trade deficit in New Zealand is contributing to the NZD/USD resuming its downtrend. This means that the New Zealand dollar is weakening against the US dollar. This trend is…
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The EURJPY takes advantage the support line stability – Forecast today – 22-10-2024 –…
The EURJPY currency pair is benefiting from the stability of the support line today, as forecasted on October 22, 2024. This stability is providing a favorable trading environment…
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