Asian Currencies Tread Cautiously Amid Weak Economic Prints and Fed Meeting Anticipation. Introduction: On Wednesday, most Asian currencies displayed muted movements as disappointing economic data from China and Australia dampened
GBPCAD: WEEKLY SCENARIO GBPCAD Technical Analysis: Weekly Chart In the weekly charts, GBPCAD is trading in an up channel. GBPCAD is currently trading above all SMA except MA(5). RSI is
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EURCAD: WEEKLY SCENARIO EURCAD Technical Analysis: Weekly Chart In the weekly charts, EURCAD was trading in an up channel. EURCAD is currently trading above all SMA except MA (5). RSI
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GBP/USD continues to decline towards 1.2350 despite a stronger US dollar. FUNDAMENTAL OVERVIEW In the European session, the GBP/USD is continuing to decline towards 1.2350. Amid concerns about China’s economic
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NZDJPY: WEEKLY SCENARIO NZDJPY Technical Analysis: Weekly Chart In the weekly charts, NZDJPY is trading in an up channel. NZDJPY is currently trading above all SMA. RSI is in the
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As USD sees renewed demand, GBP/USD eases to 1.2350 FUNDAMENTAL OVERVIEW The GBP/USD exchange rate is trading close to 1.2350, giving up gains made during European trading hours. Despite the
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US DOLLAR, EURO, BRITISH POUND VS JAPANESE YEN. The upcoming release of US Consumer Price Index (CPI) data later today is anticipated to shed light on whether the recent rebound
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The worst week for EUR/USD since September 2022 is expected. The US Dollar increased significantly on Friday, extending its weekly gains and sending the EUR/USD rate to its lowest point
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USD/CAD Pair in Bullish Consolidation Phase Amidst Global Economic Concerns. The USD/CAD pair has been experiencing a bullish consolidation phase, oscillating in a narrow trading band around the 1.3800 mark,
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GBPUSD Technical Analysis: Weekly Chart In the weekly charts, GBPUSD is trading in an up channel. GBPUSD is currently trading above all SMA except MA(5). RSI is in the buying
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