PBOC is expected to set the USD/CNY reference rate at 7.3055 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »US Dollar Setups: EUR/USD Battles Channel Resistance while USD/JPY Stays Put
This article takes a detailed look at EUR/USD and USD/JPY’s prospects, analyzing important technical levels that may come into play and trigger notable price responses in the days ahead.
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Forex Trading Basics: What are the Best Currency Pairs to Trade?
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Read More »Breaking: Australia’s Unemployment Rate arrives at 3.6% in September, Employment Change drops by 6.7K
The Australia’s Unemployment Rate came in at 3.6% in September. The Employment Change dropped by 6.7K in September. More to come…
Read More »Australian Dollar Drops on Mixed Jobs Data Ahead of CPI. Where to for AUD/USD?
The Australian Dollar slipped lower after employment data today revealed a tighten unemployment rate assisted by a lower participation rate. The RBA is now the focal point.
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