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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…
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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…
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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…
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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…