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Pound Sterling declines as UK Retail Sales contract in June
The Forex Market· 5 days agoThe Pound Sterling (GBP) extends its correction against majority of its peers in Friday’s London...
Forex Today: Investors’ attention now looks at Fedspeak
The Forex Market· 5 days agoA decent rebound encouraged the USD Index (DXY) to flirt once again with the 104.00 region amidst a...
Mexican Peso slumps on risk aversion, strong US Dollar
The Forex Market· 5 days agoMexican Peso plummets more than 1% as USD/MXN trades above 17.90. Fitch reaffirms Mexico's BBB-...
US Dollar rebounds despite concerns over labor market, rate cut expectations steady
The Forex Market· 5 days agoUS Dollar DXY finds some footing closer to 104.00 as sellers seem to take a breather. Federal...
AUD/USD gains ground near 0.6700 on upbeat Australian job demand
The Forex Market· 5 days agoAUD/USD finds interim support near 0.6700 on surprisingly upbeat Australian job growth. Upbear...
US Dollar Index rises toward 104.00 as yields improve, awaits ECB decision
The Forex Market· 6 days agoTraders expect the Fed to reduce rates in September. ECB is expected to keep its main refinancing...
USD/MXN maintains position above 17.50 due to increased risk aversion
The Forex Market· 6 days agoUSD/MXN gains ground due to increased risk aversion despite the dovish Fed. The US Dollar may limit...
Pound Sterling declines after mixed UK labor data
The Forex Market· 6 days agoThe Pound Sterling (GBP) exhibits a subdued performance against its major peers in Thursday’s London session.
Gold attempts to establish new record highs amid rising odds of Fed rate cuts
The Forex Market· 6 days agoGold price appreciates due to the high likelihood of a rate-cut decision by the Fed in September....
USD/CAD trades flat above 1.3650 despite Fed officials signals potential rate cut
The Forex Market· 6 days agoUSD/CAD consolidates in a trading range near 1.3685 in Thursday’s early Asian session. Fed’s Waller...