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USD/CAD Holds Below The 1.3600 Area, Eyes On US GDP, NFP: (USDCAD) Bullish Momentum With A 2% Jump In The Last 21 Sessions

(VIANEWS) – The USD/CAD pair loses some ground below the 1.3600 mark after retracing from 1.3640, the highest level since May. The major pair currently trades near 1.3596, losing 0.03% for the day. The economic data on Friday showed that the University of Michigan’s (UoM) Consumer Confidence Index for August declined to 69.5 from 71.6…

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USD/JPY Consolidates Around Mid-146.00s, Bulls Have The Upper Hand Near YTD Peak: (USDJPY) Is 4% Up In The Last 21 Sessions

(VIANEWS) – The USD/JPY pair kicks off the new week on a subdued note and oscillates in a narrow trading band around mid-146.00s through the Asian session, just below its highest level since November 2022 touched on Friday. FXStreet reported on the fact that the US Dollar (USD) consolidates its recent strong gains to a…

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USD/CHF Price Analysis: Bears Moved In Around 0.8780s, Dragging Prices Lower: (USDCHF) Over 1% Up In The Last 21 Sessions

(VIANEWS) – USD/CHF retraces from a six-week high of 0.8876, drops as sellers outpaced buyers, as US Treasury bond yields dropped after the US Federal Reserve Chair Jerome Powell speech. At the time of writing, the USD/CHF is trading at 0.8838, down 0.06%. FXStreet reported that from a technical standpoint, the USD/CHF clashed with a…

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USD/CNH Price Analysis: Yuan Buyers Flex Muscles Around 7.2800 On China Stimulus: (USDCNH) Bullish Momentum: 0.92% Up In The Last 10 Sessions

(VIANEWS) – USD/CNH pares intraday losses around 7.2800 as China’s offshore Yuan (CNH) traders seek fresh clues to defend the daily losses during early Monday. In doing so, the Chinese currency cheers the broad pullback in the US Dollar amid a fresh bout of stimulus news from Beijing. As reported by FXStreet, also read:China cuts…

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