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January 9, 2025

USD/CAD Traders Await Fedspeak Amid Market Movements

During the early Asian session on Thursday, the USD/CAD currency pair declined close to 1.4380. Key factors influencing this downward motion include the recent resignation

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January 9, 2025

USD/CNY Reference Rate Sets Tone for Market Traders

The People’s Bank of China (PBoC) has established the USD/CNY reference rate for the upcoming trading session at 7.1886, slightly adjusting from the previous day’s

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January 9, 2025

Pound UK Faces Pressure Amid EUR/GBP and GBP/USD Trends

The British pound has experienced significant losses against both the euro and the US dollar. This downturn stems from increasing market expectations that the Bank

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January 9, 2025

Chinese CPI Report Impacts NZD/USD Among Traders

The NZD/USD currency pair continues to face challenges, trading around 0.5600 during the Asian hours on Thursday. This marks the third consecutive session of losses

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January 9, 2025

USD/INR Climbs as US Dollar Demand Increases

The Indian Rupee (INR) faced pressure as it declined towards a new record low on Thursday. This drop is due to increasing demand for the

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January 9, 2025

GBP/USD Forecast: Nearing 1.2350 After Nine-Month Low Rebound

The GBP/USD pair trades near 1.2350 after rebounding from nine-month lows. This rebound occurs amid a third consecutive session of pressure, hovering around the 1.2360

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January 9, 2025

Pound Sterling Prices Retreat: GBP/USD Retains Bearish Trend

The GBP/USD pair remains under pressure for the third consecutive session. Currently hovering near the 1.2360 mark during Thursday’s Asian trading hours, the pair shows

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January 9, 2025

AUD/USD and NZD/USD Face Continued Decline; USD/JPY Stays Steady

AUD/USD and NZD/USD pairs have faced ongoing declines after meeting resistance levels. In contrast, USD/JPY remains stable around its resistance area. Market conditions continue to

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