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Forex Market

Money can make the whole world work, and money is a permanent commodity. The strong dollar has touched the prospects of the economies of various countries. In this never-ending foreign exchange market, it is full of unknowns and expectations.
-- -- Articless
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Data Sensitivity at Its Highest

A jump in US jobless claims sent the dollar lower across the board yesterday, confirming how FX markets have an extremely elevated sensitivity to data in this moment.
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Higher European Open Expected as Chinese PPI Slips to a 7-Year Low

A 261k weekly jobless claims print, the highest since October 2021 appears to have been all it took to push U.S. markets higher on the day and rekindle the idea that the Federal Reserve would signal a pause when it meets next week.

USDJPY: Momentum Indicators Weakening, but Overall Uptrend Remains Intact

USDJPY edged lower on Thursday, keeping negative momentum below the psychological mark of 140.00 after failing to break the 141.00 level several times over the past week. The overall outlook remains bullish but is weakening as the Relative Strength Index (RSI) momentum is approaching the border of negative territory and the stochastic oscillator is moving down.
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USDCAD: Cyclical Rally Opportunities Exist Before Further Decline in the Asset

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EURUSD: Euro Rebounds Unsteadily with Stronger Support Below

EURUSD is currently trying to find support. Although the uptrend has been broken, it is expected to recover.
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Late Cycle Dollar Strength Meets the Carry Trade

We see two key themes driving FX markets near term. The first is central banks continuing to battle inflation, yield curves staying inverted, and the dollar continuing to hold gains.
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USDCNH: Depreciation Pressure Exists but Limited

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Currency Markets Hold Steady, AUD and CAD Strong, JPY Eyes Yields

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Rising Yields Keep Stock Markets Subdued

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Dollar's Strength Here to Stay; Only A Rate Cut Could Dent It

The dollar's renewed strength against most major currencies will not fade away anytime soon, according to FX strategists polled by Reuters, who said it would take rate cuts from the Federal Reserve to weaken the currency substantially.
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