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Siragadikka
In the past week, we have seen some recovery in the dollar index after a period of losses. However, this uptick seems to be a temporary pause for profit-taking by sellers before the next downward shift. The US dollar has been facing significant pressures since late June, particularly after signals from the Federal Reserve indicating
The NZD/USD pair is currently facing a significant downturn, with the pair trading around 0.5996. One of the key factors contributing to this decline is the recent announcement by US President Joe Biden that he will not seek re-election in 2024. This unexpected news has strengthened the US dollar, as Biden endorsed Vice President Kamala
EUR/USD has seen a slight uptick to 1.0895 in the early Asian trading session on Monday, marking a 0.12% increase for the day. This movement can be attributed to various factors, including statements from key central bank officials and upcoming economic indicators. The Federal Reserve’s stance on a potential rate cut, as highlighted by Fed’s