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Dollar keeps in a firmer spot to start the day

There was some pushing and pulling yesterday but overall, the dollar is keeping steadier so far in the new week. Looking at the events so far today, we saw a stronger Chinese yuan fix by the PBOC but that has been well offset by a rather poor trade balance report here. The yuan currency is once again weaker and that is weighing slightly on the antipodeans as well.As for the dollar, it is looking in a decent spot with gains across the board. USD/JPY in particular is up 0.6% to 143.35 at the highs... Read More

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Posted: Aug 8 2023, 04:03

Author Name: forexlive

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