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Home»Currencies
Currencies

Forex Today: All eyes are on the Bank of England

News RoomBy News RoomMay 7, 20251 Min Read
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Forex Today: All eyes are on the Bank of England

The US Dollar edged higher as markets digested the Federal Reserve’s decision to leave interest rates unchanged on Wednesday. Adding to the Greenback’s modest strength were renewed hopes of a US-China trade deal materialising sooner rather than later.

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USD/INR refreshes weekly high as Trump threatens 10% BRICS tariff

USD/INR refreshes weekly high as Trump threatens 10% BRICS tariff

Australian Dollar depreciates as Trump prepares to charge extra tariffs on BRICS

Australian Dollar depreciates as Trump prepares to charge extra tariffs on BRICS

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GBP/USD Price Forecast: Falls toward 1.3600 after breaking below nine-day EMA

US Dollar Index (DXY) pulls back below 97.00 amid tariff uncertainty

US Dollar Index (DXY) pulls back below 97.00 amid tariff uncertainty

EUR/USD crawls higher as the US Dollar retreats amid tariff uncertainty

EUR/USD crawls higher as the US Dollar retreats amid tariff uncertainty

USD mixed on trade concerns – Scotiabank

USD mixed on trade concerns – Scotiabank

CAD trades marginally lower on softer risk appetite – Scotiabank

CAD trades marginally lower on softer risk appetite – Scotiabank

EUR well supported near high, ignoring data – Scotiabank

EUR well supported near high, ignoring data – Scotiabank

Gold Price Forecast: XAU/USD trades sideways around ,335, awaits clarity on tariff policy

Gold Price Forecast: XAU/USD trades sideways around $3,335, awaits clarity on tariff policy

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