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Daily Forex Report

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Yen Soars to 3-Year High Against Euro on Brexit Worries

The yen soared to its highest level in three years against the euro on Tuesday, as more investors grow increasingly concerned about a potential...

Dollar Little Changed, Bitcoin Soars to $700

The greenback was little changed against other major currencies on Monday as investors sat on the sidelines ahead of the Federal Reserve’s policy meeting...

Yen Holds Onto Gains, Aussie Slips, Euro Falls

The yen saw slight gains on Friday after PPI data showed a better-than-expected pickup. PPI data from Japan showed a 4.2% decline year-on-year in May,...

Aussie, Sterling Lower on Mixed Chinese Data and Brexit Concerns

The Aussie and Sterling fell on Thursday on mixed prices data out of China and Brexit concerns. In Asia, the Australian dollar was impacted by...

The Dollar Slips While the Pound Gains On Rate Hike Uncertainty...

The dollar slid against other major currencies on Wednesday, as investors wrote off the possibility of a rate hike in the near future. The...

The Euro Advances against the Dollar, The Pound Jumps 1%

The euro advanced against the dollar on Tuesday after neutral comments from Fed Chair Janet Yellen kept investors on their toes. Yellen’s remarks on...

Euro Surges on Weak U.S. Employment Report

A weak employment report out of the U.S. sent the euro surging to a three-week high on Friday, and dampened expectations of a rate...

AIG Services Index Pushes up Aussie as Yen Weakens on Wage...

The AUD got a boost on Friday following the release of AIG services index data. The data showed the index rose from 49.7 in...

China’s Yuan Weakens as the Greenback Rallies

Us Dollar Versus China Yuan
The yuan is projected to weaken 2.5% this year, according to a new poll from Reuters. The U.S. dollar, meanwhile, is expected to rally...

Dollar, Pound Slip on Weak Economic Data

The greenback slipped against a basket of other major currencies Wednesday, but still managed to stay ahead of the pound, which is hurting due...

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