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Markets
Japan’s Kihara: Concerned about forex move
Japanese Chief Cabinet Secretary Minoru Kihara said in a statement on Thursday, he is “concerned about forex move.”Additional quotesRecent Yen moves are somewhat rapid,…
PBOC sets USD/CNY reference rate at 7.0733 vs. 7.0754 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0733 compared to the previous day's fix of 7.0754 and 7.0554 Reuters…
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Australia’s Trade Surplus widens to 4,385M MoM in October vs. 4,200M expected
Australia’s Trade Surplus widened to 4,385M MoM in October versus 4,200M expected and 3,707M (revised from 3,938M) in the previous reading, according to the latest foreign trade…
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Japanese Yen strengthens above 155.00 on weaker US jobs data, rising BoJ rate hike expectations
The USD/JPY pair attracts some sellers to around 155.25 during the early Asian session on Thursday. The US Dollar (USD) softens against the Japanese Yen (JPY) on…
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Final rally to 26700 underway
“the of a larger W-4 correction to be underway to between 20485 and 22835. However, we need to see a weekly close below 24000 for higher confidence (75% chance) that this is the…
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EUR/USD strengthens as weak US labor data pushes cut odds to 90%
EUR/USD surges over 0.40% on Wednesday after economic data in the US reinforced bets that the Federal Reserve would cut rates at the December 9-10 meeting. The pair trades at…