USD/CNH holds lower grounds near 7.2970 as it pokes a one-month-old support line early Wednesday. In doing so, the offshore Chinese Yuan (CNH) pair re
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USD/CNH: Yuan drops below 7.2900 on PBoC moves, multi-year high US-China yield gapUSD/CNH rebounds from a one-week low, marked earlier in the day, as it picks up bids to 7.2880 as markets in China opens for Tuesday. In doing so, the
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USD/CNH: Consolidation ahead of extra gains?USD/CNH could face some consolidative period ahead of the resumption of the uptrend according to UOB Group’s Economist Lee Sue Ann and Markets Strateg
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USD/CNH may pressure back the YTD highs at 7.35Chinese banks lowered the 1-year Loan Prime Rate (LPR) by 10 bps and left the 5-year LPR unchanged. Economists at TD Securities analyze USD/CNH outloo
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USD/CNH faces some near-term consolidationThere is the possibility of some consolidation in USD/CNH before a probable resumption of the upside pressure, argue Markets Strategist Quek Ser Leang
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GBP/USD Price Analysis: Cable seeks buyer’s attention but 1.2800, UK economic woes prod upsideGBP/USD seesaws around 1.2755-60 as bulls hit barriers during early Tuesday in Asia, snapping a four-week downtrend, as well as posting a firmer start
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Forex Market Analysis Techniques: Fundamental vs. Technical Analysis in the European MarketIn the dynamic world of Forex trading, making informed decisions is crucial. This is where forex market analysis comes into play, serving as a compass guiding traders through the often turbulent financial seas. Two of the most prominent techniques employed by traders globally are fundamental and technical Analysis. The European forex market, with its unique blend of regional economies and the overarching Eurozone, adds an extra layer of complexity. Understanding these two analysis techniques, therefore, becomes even more vital for success in this market.
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