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GBP/USD hovers around 1.2500 on the stronger US Dollar, focus on BoE rate decision
GBP/USD weakens to 1.2500 amid a firmer USD on Wednesday. Fed’s Kashkari said it’s too early to declare that inflation has stalled out, and they might cut rates this year if inflation eases. The BoE is expected to leave the interest rate unchanged at 5.25% at its May meeting on Thursday. The GBP/USD
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Forex Today: Focus stays on Fedspeak amidst broad-based consolidation
The Greenback traded with decent gains against the backdrop of a generalized consolidative phase in the global markets, as the FX universe slowly shifted its attention to the release of US CPI next week. Here is what you need to know on Wednesday, May 8: The USD Index (DXY) advanced modestly and man
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USD/CHF Price Analysis: Extends the rally above 0.9200 amid the overbought condition
USD/CHF trades on a stronger note around 0.9210 ahead of the Fed rate decision on Wednesday. The pair keeps the bullish vibe with the overbought RSI condition. The first upside barrier is seen at 0.9245; the initial support level is located at 0.9155. The USD/CHF pair extends its upside to 0.9210 on
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