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Markets
AUD/USD rises on strong Aussie data, Fed rate cut expectations
AUD/USD trades around 0.6525 on Thursday at the time of writing, up 0.12% on the day. The Australian Dollar (AUD) continues to appreciate against the US Dollar (USD), supported by…
USD/CAD trims some losses and returns to the 1.4050 area
The US Dollar is retracing losses against the Canadian Dollar on Thursday, following a sharp reversal in the previous two days. The pair is trading at 1.4048 at the time of…
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Yen weakens as USD reacts to Fed dovishness – MUFG
The Jpanese Yen (JPY) has continued to trade at weaker levels during the Asian trading session alongside the US dollar which has corrected lower in response to dovish comments from…
Hawkish BOJ Rhetoric – OCBC
USD/JPY has started to ease lower in recent sessions, taking cues from a shift in BOJ rhetoric. The timing of the shift appears to coincide with Takaichi-Ueda meeting last week.…
EUR/JPY holds losses near 181.00 as Japan intervention speculation grows
EUR/JPY retraces its recent gains registered in the previous session, trading around 181.00 during the European hours on Thursday. The currency cross is under pressure as the…
WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $58.35 per barrel, down from Wednesday’s close at $58.49.Brent Oil Exchange…
US Dollar Index retreats below 99.50 on rate cut expectations
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 99.45 during the early…
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Gold price in Saudi Arabia: Rates on November 27
Gold prices fell in Saudi Arabia on Thursday, according to data compiled by FXStreet.The price for Gold stood at 500.80 Saudi Riyals (SAR) per gram, down compared with the SAR…