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Business
USD/INR remains stable due to rising likelihood of RBI intervention
The Indian Rupee maintains its position as traders expect RBI to intervene to support the domestic currency. The USD/INR pair…
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Business
Japanese Yen remains stronger as US Dollar remains tepid ahead of key economic data
The Japanese Yen edges higher due to rising odds of the BoJ adopting a hawkish stance amid upbeat GDP data.…
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Business
AUD/USD remains on the defensive around 0.6500, eyes on US PMI data
The AUD/USD pair trades on a weaker note around 0.6505 during the early Asian session on Monday. The downbeat Australia’s…
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Business
EUR/USD remains above 1.0800 ahead of Eurozone PMI
EUR/USD holds its position ahead of the releases of PMI data from the Eurozone and Germany. Eurozone Manufacturing Services PMIs…
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Business
Japanese Yen remains confined in a range near multi-decade low against USD
The Japanese Yen remains depressed near a multi-decade low amid the BoJ’s dovish outlook. The divergent Fed-BoJ expectations support prospects…
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Business
Gold price remains below 50-day SMA as Fed flags risks of cutting rates too quickly
Gold price attracts some haven flows in the wake of geopolitical tensions in the Middle East. Hawkish FOMC minutes remain…
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Business
Japanese Yen remains confined in a narrow range near YTD low against USD
The Japanese Yen struggles for a firm intraday direction and oscillates in a range on Monday. Last week’s dovish remarks…
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Business
GBP/JPY remains tipped into bullish side at the tail end of another tepid week
GBP/JPY finds itself at the top end of near-term technical resistance. Next week sees a hefty economic calendar showing for…
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