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Analytics and news of the Forex currency market

China worried about 5-week fall of yuan against dollar

The dollar slipped on Friday but remains set for a fifth consecutive week of gains in its longest winning streak in 15 months, fueled by demand for...

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Technical picture for the EURUSD pair in the Forex currency market

The euro weakened against the US dollar last week. However, the broader technical bullish EUR.USD remains in place. This is because on...

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SEC asks Coinbase not to trade cryptocurrencies other than Bitcoin

The U.S. Securities and Exchange Commission (SEC) has asked Coinbase (COIN.O) to stop trading in all cryptocurrencies other than bitcoin, CEO Brian...

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Technical analysis of the Japanese yen and the USDJPY currency pair

Our previous technical forecast for the Japanese yen and the USDJPY currency pair was absolutely correct and worked 100% correctly. Link...

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Forecast and analysis of EURUSD and EURGBP pairs in the Forex currency market

The latest US inflation report showed that price pressures have eased more than expected, a much-needed boost for the Federal Reserve as they...

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Technical analysis on USDJPY and the possible start of interventions by the Bank of Japan

Analysts say BOJ intervention to buy the yen is likely if USDJPY trades in the 145-150 range. They note that the current policy of the Bank of...

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Euro under pressure amid bad news from France and Germany

 Strong level 1.0805 The euro and eurozone government bond yields tumbled on Friday after economic data showed French business activity fell...

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British pound falls on UK inflation data

KEY INFLATION INDICATORS IN THE UK: Core inflation rate y/y (May) actual 7.1% against forecast 6.8%. Inflation rate y/y (May) actual 8.7%...

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The yen continues to fall as the Bank of Japan adheres to the policy of economic growth

Bank of Japan Governor Kazuo Ueda has vowed to maintain ultra-low interest rates while downplaying inflationary risks. The USDJPY rose at the...

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