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January 7, 2025

EUR/CHF Forms Bullish Divergence: Is the Euro Set to Rise?

EUR/CHF Shows Positive Momentum The EUR/CHF exchange rate has formed a bullish divergence, indicating potential upside for the euro. After halting its previous decline, the

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January 7, 2025

PBOC Expected to Set New USD/CNY Rate at 7.2994

PBOC’s Anticipated Reference Rate The People’s Bank of China is poised to set the USD/CNY reference rate at 7.2994. This decision comes as part of

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January 7, 2025

USD/CAD Bounces Back as Reports Surface on Trade Policies

USD/CAD Recovery Observed The USD/CAD pair has shown signs of recovery, climbing back to approximately 1.4345. This movement occurs amidst reports involving trade policy talks

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January 7, 2025

USDJPY Hits Record High Since July 2024

USDJPY Reaches Highs With USDJPY hitting its highest point since July 2024, traders are analyzing factors affecting this currency pair. The yen’s weakness and broader

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January 7, 2025

PBOC Adjusts USD/CNY Reference Rate: Market Impact

PBOC Sets New Reference Rate The People’s Bank of China has set the USD/CNY central reference rate at 7.1879, a slight adjustment from the previous

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January 7, 2025

EURUSD Drops Below 1.0400 Amid Trade Tariff Threats

EURUSD Faces Pressure The EUR/USD pair has weakened, dropping below the significant level of 1.0400. This decline comes in the wake of renewed threats regarding

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January 7, 2025

USDJPY Hits 158.40: How Will Authorities Respond?

USDJPY Reaches New Heights The USD/JPY currency pair has recently surpassed the critical level of 158.40. This significant milestone raises questions regarding potential interventions by

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January 7, 2025

Increased Demand Pushes USDINR Higher

USDINR Experiences Upside Momentum The USD/INR currency pair has extended its upward movement as demand for the US Dollar continues to strengthen. This surge is

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