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November 26, 2024

PBOC Sets USD/CNY Reference Rate Lower: Market Reaction Expected

The People’s Bank of China (PBoC) has set the USD/CNY reference rate for the trading session at 7.1910, a slight reduction from the previous day’s

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November 26, 2024

NZD/USD Dips Below 0.5850 Amidst Trump’s Tariff Threat

The NZD/USD pair has experienced a notable dip below 0.5850 in light of President-elect Donald Trump’s tariff threats, particularly against China. These developments create uncertainty

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November 26, 2024

EUR/GBP Wave Analysis Shows Potential Reversal

The EUR/GBP currency pair has recently demonstrated potential for upward movement after reversing from a key support area. This support level stood at 0.8260, where

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November 26, 2024

GBP/USD Sees Downward Pressure After Trump’s Victory

The GBP/USD currency pair experienced downward momentum following Donald Trump’s victory, with the pair dropping to 1.2487. This marked its lowest level in six months

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November 26, 2024

EUR/USD Faces Recovery Struggles After Last Week’s Decline

The EUR/USD currency pair opens the week attempting to stabilize after a significant decline. Last week, it fell to 1.0332, the lowest point in two

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November 26, 2024

Gold Prices Tumble by $100 Amid Ceasefire Hopes

Gold prices fell sharply today, losing around $100, as market sentiment shifted towards optimism regarding geopolitical events. Rumors surrounding an imminent announcement of a deal

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November 26, 2024

Gold Prices Maintain Momentum: Will the Bull Run Persist?

Gold prices have remained strong, holding steady near the $2,535 mark against the US Dollar. Prices established a solid base before climbing above the $2,600

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November 26, 2024

Trump Reveals 25% Tariff on Canadian Imports Driving USD/CAD Above

The USD/CAD currency pair surged above 1.4100 as reports emerged of President-elect Donald Trump imposing a hefty 25% tariff on imports from Canada. During Tuesday’s

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