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Forex
Indian Rupee soars as US-India confirms long-awaited trade deal
The Indian Rupee (INR) gains sharply against the US Dollar (USD) on Tuesday, following the confirmation of a long-awaited trade deal between the United States (US) and India the…
Political pressure weighs on currency – Commerzbank
The Japanese Yen has come under renewed pressure, with USD/JPY trading at 155.50. The lack of concrete follow-up to verbal interventions and political statements regarding a weak…
Positive outlook amid strong data – Deutsche Bank
Deutsche Bank's Macro Strategy report highlights a positive outlook for the Dollar following strong economic data. The report notes that the ISM manufacturing index unexpectedly…
Range-bound trading expected – UOB Group
The GBP/USD pair is anticipated to trade within a range between 1.3640 and 1.3710, following a recent decline. The outlook suggests that while downward momentum has eased, GBP is…
EUR/GBP trades with caution near five-month low of 0.8620, ECB-BoE policy in focus
The EUR/GBP pair trades vulnerably near the five-month low of 0.8620 during the early European trading session on Tuesday. The cross has come under pressure ahead of monetary…
Gold price in United Arab Emirates: Rates on February 3
Gold prices rose in United Arab Emirates on Tuesday, according to data compiled by FXStreet.The price for Gold stood at 569.06 United Arab Emirates Dirhams (AED) per gram, up…
AUD/JPY climbs above 108.50 as RBA raises interest rate by 25 bps to 3.85%
The AUD/JPY cross rises to around 108.85 during the Asian trading hours on Tuesday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) after the Reserve Bank of…
Japanese Yen gains on intervention fears amid election uncertainty
The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Tuesday and, for now, seems to have snapped a two-day losing streak to over a…
Australian Dollar advances ahead of RBA policy decision
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Tuesday ahead of the interest rate decision by the Reserve Bank of Australia (RBA) due later in the day.…
Gold rebounds above $4,800, traders brace for US-Iran talks
Gold price (XAU/USD) recovers some lost ground to near $4,820 during the early Asian session on Tuesday. The precious metal edges higher following a historic market rout. However,…