The British pound remains under selling pressure against the U.S dollar, after a strongly bearish weekly price close well below the 1.4100 level. The GBPUSD pair currently trades around the 1.4018 level in early week trading, after earlier finding technical support from the 1.3991 level. Traders now look …
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Indian rupee was trading over 66-mark for the third consecutive day today against the US benchmark dollar index in the interbank forex market. … Forex dealers in a PTI report said that sustained demand for the American currency from importers and dollar strength against other currencies overseas, …
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Here are the latest developments in global markets: FOREX: The US dollar index traded higher on Monday, though by less than 0.1%, adding to the significant gains it posted on Fridayon the back of rising US Treasury yields. The loonie plunged on Friday after Canada's CPI data disappointed, while the …
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… the local currency. Consequently, the CBN in line with trend, continued its weekly FX intervention sales, offering US$210 million via the wholesale Secondary Market Intervention Sales (SMIS); in its commitment to sustain liquidity levels and maintain stability in FX rate across all segments of the market.
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