NZD/USD falls to 0.5900, lowest since April 2020 on USD gains.
NZD/USD is under pressure from many sources and falls to its lowest point since April 2020. Bets on the Fed raising rates more aggressively help the USD quickly recover from a one-week low. Fears of a recession help the safe-haven…
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4 Global Market Updates- 20 September, 2022
In this article, we have covered the highlights of global market news about the USD/IDR, USD/JPY, USD/CAD and AUD/USD. USD/IDR Price News: Indonesian rupiah buyers struggle below $15,000 as BI and Fed rulings loom During Tuesday's Asian session, the USD/IDR pares intraday…
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What Role Do Central Banks Play in the Forex Market?
THE IMPACT OF CENTRAL BANKS ON THE FOREX MARKET In order to promote long-term economic development and contribute to the general stability of the financial system, central banks are primarily responsible for managing inflation. When required, central banks will act…
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EUR/USD Looks Offered, Falls Below Parity
The duo slips and once again violates parity. On Monday, the dollar seems bought with rising US rates. Next up in ECB-speak is EMU Construction Output. At the start of the week, sellers take back control of the European currency and…
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4 Global Market Updates- 19 September, 2022
In this article, we have covered the highlights of global market news about the USD/JPY, Natural Gas, USD/CAD and NZD/USD. USD/JPY is set to continue consolidating, according to UOB Lee Sue Ann and Quek Ser Leang, FX Strategists at UOB Group, believe that the…
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