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Forex: USD/CHF retreat from 1.0630 extends below 1.0545 session low
FXstreet.com (Barcelona) – Dollar rally from 1.0460 low on Tuesday has been capped on early Asian session at 1.0630, and the pair has been pulling back during Asian and European sessions, to break below 1.0545 session low ahead off Wall street opening, reaching so far, 1.0525 low.
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Continue Reading »Forex: GBP/USD rebound from 1.5765 reaches 1.5810 area
FXstreet.com (Córdoba) – The Asian session has seen a new leg down in GBP/USD after the post FOMC rally.
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Continue Reading »JGBs up but gains trimmed as yen pulls back from high
JGBs up but gains trimmed as yen pulls back from high
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Continue Reading »Forex: EUR/GBP rebound from 0.8266 stretches above 0.8300
FXstreet.com (Barcelona) – The British currency was denied to move further down, after investors started to show more support towards the Hegemonic currency in the European trading session. The pair has presently recovered over 40 pips to the upside, jumping above 0.8300.
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Continue Reading »Forex: USD/JPY pulls back from sudden surge
FXstreet.com (Barcelona) – Breaking higher on grim Chinese economic data showing a cooling economy, the USD/JPY has since pulled back and trades around the 88.25 zone. At its highest the pair reached 88.4110, but currently trades at 88.2695 where it is a measly 0.05% lower since open.
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Continue Reading »Forex: USD/JPY recovers from 87.33, rises back above 87.50
FXstreet.com (Córdoba) – The Dollar fell to 87.33 reaching a fresh intra-day low and tested Friday’s lows. The pair failed to break lower and in the last hour recovered ground, rising back above 87.50. Currently trades at 87.52/55, 0.25% below today’s opening price.
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Continue Reading »Foreigners can offer e-broking platform from July 1
FOREIGN brokers will be allowed to offer electronic broking (e-broking) platforms for wholesale interbank trading in the local foreign exchange (forex) market from July 1 this year.
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