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Australian Dollar holds losses ahead of US GDP data
The Forex Market· 3 days agoThe Australian Dollar (AUD) continues its losing streak for the ninth consecutive day on Thursday, primarily due to declining prices of oil, iron ore,...
US GDP expands at an annual rate of 2.8% in Q2 vs. 2% forecast
The Forex Market· 3 days agoFollow our live coverage of the US GDP report and the market reaction. Further details of the report showed that the Gross Domestic Product Price Index rose 2.3% in the second ...
US Dollar gains restricted by falling Treasury yields
The Forex Market· 5 days agoUS Dollar DXY experiences a restricted gain as falling US Treasury yields may pose challenges during...
USD/CAD trades with mild bearish bias near 1.3800, eyes on US PCE data
The Forex Market· 2 days agoThe growing bets that the BoC would continue to cut interest rates weigh on the Loonie. Data...
Mexican Peso eases losses amid Fed easing hopes
The Forex Market· 2 days agoUS PCE Price Index signals steady inflation, boosting Fed rate cut expectations. The Mexican Peso trimmed some losses against the US Dollar on Friday,...
Japanese Yen extends gains as traders expect BoJ to raise interest rates
The Forex Market· 4 days agoThe Japanese Yen (JPY) extends its gains for the third consecutive session on Wednesday, likely due...
Australian Dollar extends losses due to concerns over China's economic growth
The Forex Market· 5 days agoThe Australian Dollar (AUD) weakens for the seventh consecutive session on Tuesday, driven by a...
Australian Dollar halts losing streak due to commodities prices rebound
The Forex Market· 2 days agoThe Australian Dollar (AUD) halts its nine-day losing streak against the USDollar (USD) on Friday,...
Indian Rupee weakens after FM Sitharaman hikes Capital Gains tax
The Forex Market· 5 days agoThis week, the US Dollar will be influenced by a slew of US economic data. The Indian Rupee weakens...
EUR/USD Forecast: Limited bullish potential in a risk-averse environment
The Forex Market· 4 days agoThe EUR/USD pair extended its slide to 1.0824 on Wednesday, finally finding buyers in the area.