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Edge-Forex Forex

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Important Forex Updates for Jan 31st, 2023

Australian Dollar weakening: The AUD/USD pair is under pressure today, declining steadily from its recent high and dropping below the mid-0.7000s level during early European trading sessions. This decline is likely attributable to a number of factors, including weak economic data released recently by both Canada and Australia. The Australian Dollar is facing external pressure …

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FX Updates for Jan 23rd 2023

Overview:  The greenback drifted off multi-month lows on Tuesday, whilst the yen hung close to seven-month highs as traders held their breath for a possible policy shift on the financial institution of Japan. The EUR/USD pair gained traction this week and rose above 1.0900 before retreating slightly in the early morning European market. Over the …

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