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  1. Euro to US Dollar Exchange Rate Nearer Quarterly Best after Impressive May Rally

    Euro to US Dollar Exchange Rate Nearer Quarterly Best after Impressive May Rally

    Euro to US Dollar Exchange Rate Avoids Losses but Euro Rally Slows Following weeks of impressive gains, the Euro to US Dollar (EUR/USD) exchange rate has been able to hold its ground this week so far. Still, even though the US Dollar (USD) remains unappealing, the Euro’s (EUR) bullishness may be running out of steam. After opening […]
  2. Pound to US Dollar (GBP/USD) Exchange Rate Steady as UK Expected to Further Ease Covi

    GBP/USD Exchange Rate Rangebound as UK Markets Await Retail Data for May The Pound to US Dollar (GBP/USD) exchange rate fluctuated around $1.26 today, with the pairing rangebound as Sterling benefits from hopes that Downing Street will further ease Covid-19 lockdown measures this week. Prime Minister Boris Johnson is expected to announce an easing of […]
  3. EURJPY Price Breaks a Key Resistance Level $123, Targeting $125 Price Level

    EURJPY Price Analysis – June 05 The bullish trend may continue provided the bulls maintain or increase their momentum and the supply levels of $125, $127 and $130 may be its target. In case the price pulls back and the daily candle closes below the $123 price level, then, it may target $122 – $121 […]

    The post EURJPY Price Breaks a Key Resistance Level $123, Targeting $125 Price Level appeared first on Cryptovibes.com - Daily Cryptocurrency and FX News.
  4. Brazil's real surges through 5.00 per dollar, chalks up best week since 2008

    By Jamie McGeever

    BRASILIA (Reuters) - Brazil's real surged on Friday through 5.00 per dollar for the first time since March, sealing its biggest weekly rise in nearly 12 years after surprisingly strong U.S. employment data sparked a buying spree in riskier, beaten down assets.

    The real, long the pariah on international foreign exchanges and one of the worst performing currencies this year, rose 7% against the dollar this week, its strongest performance since October ...
  5. Reopening Economy Drives India Bond Rebound Despite Moody’s Cut

    (Bloomberg) -- Private-sector Indian companies have fared well in the bond market this week despite a sovereign rating downgrade by Moody’s Investors Service, as investors focus more on early signs of some improvement in the economy.

    Spreads on the firms’ U.S. currency notes dropped 5.7 basis points compared with last week, according to DBS Bank Ltd. data, even after Moody’s cut India’s rating to the lowest investment grade with a negative outlook on Monday.
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