GBP/USD Appears Intraday Volatile and Hits 7-Day Low
GBP/USD exhibits a double top in the intraday below 1.224 yet fails to regain support from the nearest MA, i.e., the 50-day daily MA at...
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Yuan Strengthens after Better than Expected Inflation Rates
After heightened concerns of Corona Virus in China, some positive news is coming. Yesterday, the Chinese Government had released the official data on inflation, and...
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Dollar Strengthens after a Better than Expected U.S. Job Data and Enhanced Corona Concerns
The job market data that has been released today has helped the U.S. Dollar in gaining even more. The optimistic job data, coupled with weakened...
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Will Public Exposure Be the End of Forex Trading?
Minimizing client exposure to risk, the Israeli Securities Authority (ISA) proposed that forex companies will publish client losses as a step towards investor education. “If...
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High Manufacturing Activity Pushes Dollar as Pound Weakens
Following immense volatility in the macroeconomic scenario across the globe, the US Dollar has finally started to strengthen. The manufacturing indices in the United States...
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USD Gets Strengthened as AUD & Yuan Weaken Due to Coronavirus Concerns
As the Chinese Coronavirus is spreading in many Asian nations, the American Dollar is getting strengthened. It is currently at its two months’ high. Investors...
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Coronavirus Outbreak Causes Dent to Chinese Yuan, Japanese Yen Shines
In what appears to be a huge worry for China in the coming days amid the possible threats emanating from the outbreak of coronavirus, the...
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Yuan and AUD Dips on Coronavirus Concerns
After the recent apprehensions about a possible outbreak of coronavirus in China, the Chinese Yuan seems to have dipped significantly. It should be noted that...
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Indian Rupee Weakened by 4 Paise to 71.12 Against USD
Following a sudden crude oil price rise in the international market, the Indian Rupee has been weakened by four paise and has fallen to 71.12....
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Dutch Optical Retailer GrandVision to be Acquired by French Giant EssilorLuxottica
French optical retailer EssilorLuxottica has reached an agreement to acquire Dutch company GrandVision in an all-cash deal. The deal could eventually be worth as much...
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