GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to…
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Dollar Steadies After Fed Officials Play Down Pivot Hopes
The dollar steadied and pushed higher in early dealings in Europe on Wednesday, after senior Federal Reserve officials played down…
Continue ReadingDollar Weakens as Treasury Yields Drop; Sterling Retains Strength
The U.S. dollar retreated in early European trading Tuesday with risk sentiment on the rise, while sterling retained its recent…
Continue ReadingDollar Static, Sterling Gains After U.K. Government’s Tax U-Turn
The U.S. dollar edged higher in early European trading Monday, while sterling also gained after the U.K. government agreed to…
Continue ReadingTaiwan central bank says it will not adopt foreign exchange control measures
TAIPEI (Reuters) -Taiwan’s central bank said on Wednesday it will not adopt foreign exchange control measures and that foreign exchange…
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