GBP/USD falls below 1.2200 as UK employment data disappoints.
GBP/USD accepts bids to prolong the week's beginning drop from a one-month high. UK Claimant Count Change decreased to 19.7K in December, while the unemployment rate has remained steady for the last three months through November. Despite disadvantages related to…
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4 Global Market Updates- 17 January, 2023
In this article, we have covered the highlights of global market news about the USD/JPY, EUR/USD, USD/CAD and NZD/USD. USD/JPY is stable below 129.00, rising slightly on minor USD gains. Tuesday sees the USD/JPY pair edging upward for a second straight day after recovering…
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USD/CHF falls to 0.9260 on weak USD.
After a daily high of 0.9316, USD/CHF reversed previous gains. Positive US economic indicators hurt the dollar because the US Dollar is losing value. Price analysis for the USD/CHF: The pair would be exposed to more selling pressure on a…
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AUD/USD Price Analysis: Retreats from the multi-month peak, downside potential restricted
The AUD/USD currency pair falls before the 0.7000 level and declines from a multi-month high achieved on Friday. Several variables work together to increase USD demand and provide downward pressure on the pair. Bulls are favored by the technical setup,…
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4 Global Market Updates- 13 January, 2023
In this article, we have covered the highlights of global market news about the USD/CNH, USD/JPY, AUD/USD and GBP/USD. USD/CNH: A sustained decline below 6.7000 is improbable, according to UOB A convincing break of 6.7000 in the USD/CNH remains improbable, according to economist…
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