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January 13, 2025

PBoC Sets USD/CNY Reference Rate Lower at 7.1885

On Monday, the People’s Bank of China (PBoC) announced the USD/CNY central rate at 7.1885 for the upcoming trading session. This rate is lower than

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January 13, 2025

USD/CAD Extends Rally: What This Means for Traders

The USD/CAD currency pair has extended its rally above 1.4400, driven by bullish sentiment surrounding the US Dollar. This upward momentum could have significant implications

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January 13, 2025

EUR/USD Faces Pressure Below 1.0250 Amid Fed Decisions

EUR/USD is attempting to halt its four-day losing streak, maintaining a position around 1.0240 during Asian trading hours. The pair’s struggles stem from the strengthening

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January 13, 2025

US Dollar May Rise Further as Turkish Lira Struggles Resilience

The USD/TRY exchange rate continues on an upward trend, reaching all-time highs. The Turkish lira faces significant challenges amid diverging monetary policies between the Federal

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January 13, 2025

AUD/USD Weekly Outlook: Tracking Four-Year Low Amid CPI and Employment

The AUD/USD pair experienced a significant setback due to a strong Non-Farm Payroll (NFP) report released on Friday. This event threatened hopes for interest rate

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January 13, 2025

USD/INR Recovers After Recent Low: What to Expect Next

The Indian Rupee (INR) recovers some of its lost ground on Monday after hitting a record low in the previous session. This recovery may be

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January 13, 2025

NZD/USD: Modest Gains Follow China’s Trade Balance Release

The NZD/USD pair started the week with some positive momentum, managing to end a four-day losing streak that brought it to its lowest level since

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January 13, 2025

GBP/USD Faces Continued Pressure Ahead of Crucial Inflation Data

The GBP/USD exchange rate continues to struggle as it marks its third consecutive week of losses. The pair has dropped to 1.2145, reaching its lowest

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