Asia FX flat despite Fed cut bets; rupee hits record low amid foreign outflows

Asia FX flat despite Fed cut bets; rupee hits record low amid foreign outflows
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Asia FX flat despite Fed cut bets; rupee hits record low amid foreign outflows
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EUR/USD climbed higher and tested the 1.1680 resistance. USD/JPY managed to reclaim 156.00 and might aim for more gains. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro started a downside correction from the 1.1680 pivot zone. There is a key declining channel forming with resistance at 1.1640 on the hourly chart of EUR/USD…
As the S&P 500 chart shows (US SPX 500 mini on FXOpen), the index touched 6,990 yesterday, marking an all-time high for the first time. The psychological 7,000 level is now within close reach. Optimism may be driven by the start of the earnings season, which could confirm continued growth in corporate profits. But is…
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It would seem that the days when oil reacted to the sneeze of the Prince of Saudi Arabia are over. Thanks to Donald Trump, they are back. As soon as the US president declared that the fall of the US dollar was great and helped business, the USD index recorded its worst daily collapse since…
You check your platform after a winning trade and notice the balance is smaller than expected — not because of a bad entry, but because fees quietly ate into profit. Brokers package costs in different ways, and a single overlooked charge can turn a sensible strategy into a money-losing exercise. That sneaky erosion is what…