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EUR/USD extends losses as Eurozone inflation pressures moderate
EUR/USD has given away gains after another rejection at the 1.1600 area to reach fresh weekly lows at.1.1565 following the release of Eurozone inflation figures. The pair is…
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Likely to trade with a downward bias toward 0.646 – UOB Group
Instead of continuing to weaken, Australian Dollar (AUD) is more likely to trade in a range between 0.6485 and 0.6530. In the longer run, AUD is likely to trade with a downward…
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Pound Sterling slides as UK inflation decelerates as expected
The Pound Sterling (GBP) declines sharply against its major currency peers on Wednesday, following the release of the United Kingdom (UK) Consumer Price Index (CPI) data for…
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Gold rises, according to FXStreet data
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.The price for Gold stood at 11,654.24 Indian Rupees (INR) per gram, up compared with the INR…
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Japanese Yen struggles to lure buyers amid BoJ uncertainty
The Japanese Yen (JPY) struggles to capitalize on a modest intraday uptick against a softer US Dollar (USD) and remains close to a nine-month low, touched the previous day.…