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The Spot price experienced some downward pressure on Wednesday, primarily driven by remarks made during a press conference by China’s National Development and Reform Commission (NDRC). China's state planner highlighted that the country’s economy is...
The Japanese Yen continues to face considerable challenges in its battle against the US Dollar (USD), struggling to mount any substantial recovery. Despite occasional fluctuations, the Yen remains under pressure, hovering close to a three-month low....
Charting the Course: EUR/ USD Price In today's article, I will discuss the latest movements in the EUR/ USD currency market. I am waiting for a breakout of this mark and consolidation above. In this case, we can count on continued growth to today's...
The currency pair showed signs of recovery during the early European session on Wednesday, climbing to near 0.5860. The weaker US Dollar (USD) offered some temporary support to the pair, as it remained in the 0.5855 region at the time of the update....