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Weakness continues amid Trump comments – Commerzbank
The Dollar remains under pressure following comments from President Trump, which have contributed to its decline against other currencies. The Dollar Index has fallen to its lowest…
Gold extends record-setting rally past $5,200 ahead of Fed
Gold (XAU/USD) prolongs its record-setting rally for the eighth consecutive day and surges past the $5,200 mark during the Asian session on Wednesday. Economic and geopolitical…
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Japanese Yen pares losses vs. USD amid BoJ-Fed policy divergence
The Japanese Yen (JPY) trims a part of Asian session losses on Wednesday and remains close to a nearly three-month high, set against its American counterpart the previous day.…
Gold price in Malaysia: Rates on January 28
Gold prices rose in Malaysia on Wednesday, according to data compiled by FXStreet.The price for Gold stood at 660.21 Malaysian Ringgits (MYR) per gram, up compared with the MYR…
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Australian Dollar holds losses as US Dollar rebounds ahead of Fed policy
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Wednesday after registering over 1% gains in the previous session. The AUD/USD pair depreciates as the AUD…
EU economy has been proven resilient and we expect data could top our forecasts
European Central Bank (ECB) executive board member Piero Cipollone said early Wednesday, “the European economy has been proven resilient and we expect data that could top our…
PBOC sets USD/CNY reference rate at 6.9755 vs. 6.9858 previous
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9755 compared to the previous day's fix of 6.9858 and 6.9231…