May 012020
 
BSP's March dollar reserves up, boosting peso's strength

Foreign exchange data from the Bankers Association of the Philippines shows that the local currency has weathered the coronavirus pandemic well, in …
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Pandemic-driven forex market

However, the news trading is becoming more and more popular and allows market participants to gain money even within one day. News about …
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EUR/CHF:Will Short-Term Resistance Zone Force Reversal?

Forex traders are advised to monitor this currency pair for a collapse below the descending 61.8 Fibonacci Retracement Fan Support Level.
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Dollar slides to below 73 rubles on Moscow Exchange

MOSCOW, April 29. /TASS/. The US dollar exchange rate declined 1.56% to previous trading session's close on Wednesday, reaching 72.9875 rubles …
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Apr 272020
 
Crypto Exchange KuCoin and DigitalBits Partner to Roll Out Enterprise Currency Desk (ECD)

Launching an OTC desk specifically for enterprise businesses. KuCoin aims to take unnecessary friction out of trading and launching tokens. By.
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Australia's Westpac Consumer Confidence Deteriorated In April

The currency pair is showing convergence with its 20 Hr moving average and trading above its 50 Hr moving average. Stay udpated with our FREE …
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AUD/USD Breached Channel

The 50– hour SMA continued to pressure the currency pair higher during yesterday's session. However, the exchange rate began Wednesday's session …
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Finablr's Exchange Business Said to Default on $300 Million Loan

The foreign exchange facility — known as a split value deal — is a frequent transaction for currency houses. Under the agreement, banks extend credit in …
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Apr 242020
 
Wipro Limited Announces Results for the Quarter and Year ended March 31, 2020 under IFRS

We refer to growth rates in constant currency so that business results may be viewed without the impact of fluctuations in foreign currency exchange …
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Bitcoin Price Could Plunge To $3600? Chart Pattern Hints At Possible Drop

The market has been indecisive during the past five days in which direction to take … and aggregates stories related to bitcoin and other crypto currencies. … Forex (or FX or off-exchange foreign currency futures and options) trading …
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USD/CAD retreats from daily highs, trades around 1.4060

USD/CAD retreats from daily highs, trades around 1.4060. 0. By FX Street Published: Apr 15, 2020 18:57 GMT | Last Modified: …
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Most Japanese firms say govt's $1 trillion coronavirus stimulus too little, too late

Announced an economic stimulus package equal to around 20% of economic output; 108 trillion yen ($1 trillion) package includes cash payouts worth …
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Apr 232020
 
Oil Prices Fall On Oversupply Fears

Oil Prices Fall On Oversupply Fears. Posted by: Insta Forex in Forex Analysis 3 mins ago. Oil prices tumbled on …
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British Pound Extends Its Losses In The Morning Session

Moving ahead, investors would keep a close watch on UK's BRC like-for-like retail sales for March, slated to release overnight. The currency pair is …
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CAD/CHF 1H Chart: Bears Could Prevail

The CAD/CHF exchange rate traded upwards within a rising wedge pattern for … In this case the currency pair could gain support from the monthly S1 …
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EUR/JPY Decline To Continue

… average provided resistance for the EUR/JPY currency pair on Tuesday. … The exchange rate will most likely surpass the weekly support level at …
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Apr 222020
 
SAP Q1 Preliminary Operating Profit Surges

… its full-year 2020 business outlook is at constant currencies, but it expects actual currency reported figures to be impacted by currency exchange rate …
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Norwegian Krone Following Crude Oil & US Dollar

The U.S. dollar Norwegian krone currency pair (USD/NOK) is inversely correlated with the price of crude oil, … Source: Tradingview, FOREX.com.
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Dollar Higher on Safe Haven Interest

Those fears have sent FX traders to the safe haven assets, including the greenback, which is also the global reserve currency, and to a lesser extent, …
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Zimbabwe U-Turns on Crypto, Looking to Stabilize Local Economy

Authorized currency-exchange agents will also be allowed on the platform via authorized dealers. While there is no official word from the government, …
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Apr 212020
 
First Mover: Trillions in Coronavirus Stimulus Bring Out the Bitcoin Bulls

Those could include a new “super-sovereign currency” to address trade and economic imbalances created by the U.S. dollar's dominant role in global …
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GBP/USD Forecast: Hanging onto Gains

He writes about Forex for many online publications, including his own site, aptly named The Trader Guy. Currency Pairs: GBP/USD. Also on DailyForex.
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Dow, S&P 500, Nasdaq 100 Pop to Fresh Three-Week-Highs

This is because the forex market is one of the most liquid and largest in the world and as a result there is no one single way to trade. Learn how to trade …
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NZD/USD Symmetric Triangle Pattern in Focus – What to Expect?

… currency pair is trading slightly bullish round 0.5990, having broken the symmetric triangle, which is expected to drive the bullish bias in the pair.
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Apr 202020
 
RBA explainer on the difference between conventional and unconventional monetary policy

… central banks when conducting unconventional monetary policy, and summarises those tools that have been introduced more recently in Australia.
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Is Relief Rally In FX Sustainable?

Tonight is a busy one for the Australian dollar. Service sector PMI and the trade balance are scheduled for release, but the main focus will be on the …
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EUR/GBP: Price Action Expected to Accelerate to the Downside

This currency pair converted its horizontal support level into resistance and … an outstanding short-selling opportunity for Forex traders to consider.
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Gold Prices Rise 1% As Dollar Stays Flat

The jobless rate rose to 4.4 percent from 3.5 percent in February. … Forex (or FX or off-exchange foreign currency futures and options) trading involves …
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Apr 192020
 
Dollar index ticks lower in thin trade

In turn, we expect another bump in the USD,” said Mark McCormick, global head of foreign exchange strategy at TD Securities. Though the U.S. currency …
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US Open – Fed on steroids, 6.6 million more jobless claims, Dollar down on Fed actions, OPEC ++ …

FX. The dollar fell to a one-week low following the Fed's latest stimulus … including Global Forex Trading, FX Solutions and Trading Advantage.
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The RBA Financial Stability Report referred to some Aussies withdrawing cash. A LOT of cash.

The RBA add further that the surge in cash demand has since subsided. … analysis charting tips, forex analysis, and currency pair trading tutorials.
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AUD/NZD 4H Chart: Bulls Could Prevail

The currency pair tested the 200– period simple moving average at 1.0315 during last week's trading sessions. As for the near future, the AUD/NZD …
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Apr 172020
 
AUD/USD – Forecast April 13-17 – Aussie Roars as Greenback Retreats

AUD/USD continues to show significant volatility. … Forecast April 13-17 – Aussie Roars as Greenback Retreats appeared first on Forex Crunch. … Forex (or FX or off-exchange foreign currency futures and options) trading involves …
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FOREX-Dollar inches lower as investors brace for Chinese trade data

SINGAPORE, April 14 (Reuters) – The dollar inched lower on Tuesday, but gains in riskier currencies were capped as traders fretted about company …
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Forex and Cryptocurrency Forecast

The breakthrough occurred, however, the volatility of the Japanese currency was surprisingly low, and the growth of the pair stopped at the height of …
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Chinese Yuan Weakens As Bank Loans Top $1 Trillion in Q1

The yuan is trending downward on foreign exchange markets on new data … The USD/CNY currency pair rose 0.26% to 7.0546, from an opening of …
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Apr 122020
 
AFRICA-FX-Zambia, Uganda, Nigerian currencies seen soft, Kenya's stable

The currency traded at 361 on the official market supported by the central bank. Traders said activity has increased on the naira futures market pushing …
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Gold Prices May Reverse, US Dollar Sinks as Fed Juices Wall Street

Focusing back on foreign exchange markets, the sentiment-linked Australian Dollar was the best-performing major currency. Friday's Asia Pacific …
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GBPUSD Gaining Traction

The British pound is appearing increasingly bullish against the US dollar currency as the pair attempts to gain strength above the 1.2400 level.
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EUR/USD Revealed Descending Trend

In this case the exchange rate could decline to the 1.0800 level. However, note that the currency pair is supported by the 55– and 100-hour SMAs near …
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