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Dollar edges higher on strong US data and Fed outlook – ING
The US Dollar (USD) is drifting higher this week, supported by firm economic data and a slightly higher Federal Reserve (Fed) terminal rate, with Dollar Index (DXY) gradually…
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EUR/USD volatility near 5% as pair remains range-bound – ING
EUR/USD continues to trade with muted volatility near 5%, with the pair expected to remain range-bound as investors fund carry trades out of the Euro (EUR) rather than the more…
USD/CNH softens as PBOC fix signals RMB strength – OCBC
USD/CNH remains offered after a softer USD/CNY fixing, the lowest since May 2023, reinforcing policymakers’ signal toward a gradual RMB appreciation path. USD/CNH last seen at…
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Likely to drop to 1.1585 before stabilization can be expected – UOB Group
Euro (EUR) could drop to 1.1585 before stabilization can be expected; the major support at 1.1560 is unlikely to come under threat. In the longer run, weakness in EUR has likely…
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XAG/USD falls to near $91.00 due to risk-on sentiment
Silver price (XAG/USD) extends its losses for the second successive session, trading around $91.00 during the European hours on Friday. Silver price loses ground amid decreasing…
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