Forex News

USD/CAD Turns Negative as it Breaches 4 Year Top

USD/CAD exhibit a 4-year low as it lies at 1.4393 which is a result of US Dollar’s supremacy. The recent…

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AUD & NZD Dig Deeper Losses as Economy Crashes

As Coronavirus cases spread at the speed of light across the globe, the whole world has been a trap of…

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Indian Rupee Sights Relief as RBI Pumps in Money to Keep the Economy Moving

The rupee against US Dollar is at 74.134 on Wednesday, March 18, after a price accumulation between 73.50 to 74.50.…

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GBP/USD Analysis: Pound Faces the Blow as it Hits 5-Month Low

COVID’19 spread and fear seems to offset the second emergency Fed rate cut as the major currencies like Great Britain…

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EUR/USD Analysis: Euro Gains Against USD as Fed Rates Cut

EUR/USD trades at 1.115 after the Fed rate cuts from 100 Basis point to 0% to 0.25% on Sunday, to…

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Indian Rupee and USD: Where Are the Valuations Heading?

Indian economy is facing double whammy as a rising number of coronavirus cases and Yes Bank fiasco has started taking…

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Forex Market: Why You Should Invest Here in 2020?

Trading offers a very lucrative opportunity to make money and one of the best platforms to do online trading is…

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Coronavirus Continues to Pose Serious Threats to Forex Market

Coronavirus is emerging as a big threat with every passing day as world markets witnessed major chaos in the forex…

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Armenia’s Forex Reserves Scale New Peak of $487.7 Million, Confirms Central Bank

In a major development for the Republic of Armenia, the forex reserves have scaled a new high today. According to…

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South Sudan Bank’s Move to Inject Dollars Into Economy Likely to Mitigate Forex Losses

The Bank of South Sudan, the Central bank of the country, has said that it will sell dollars through foreign…

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Schweppes Zimbabwe Halts Production of Flagship Drink Mazoe Orange Crush

If you are living in Zimbabwe and fond of Mazoe Orange Crush, here is some bad news for you. The…

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The Forex Reserves of India Rise to Cross $453 Billion

The foreign exchange reserves of India have touched a record high of 453 billion dollars after witnessing a surge of…

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Another US Law Firm Files a Forex Class Action Against Major Banks

Hausfeld, the U.S. based law firm, recently filed an action against some prominent financial institutions over accusations of rigging foreign…

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The Central Bank of Israel Has Zero Issue in Purchasing $5B of Foreign Currency: Reports

The central bank of Israel does not have any issue in purchasing foreign currency worth a whopping 5 billion dollars,…

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