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Australian Dollar Falls As RBA Keeps Key Rate Unchanged

Australian Dollar Falls As RBA Keeps Key Rate Unchanged
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Yen Weakens Amidst Subdued Trading, Aussie Up ahead of RBA

Yen weakens broadly in Asian session, albeit in a subdued market environment due to Japan's holiday. Despite this, the selloff in the Japanese currency remains relatively contained, with traders vigilant of market intervention by Japan. While 160 level against Dollar is currently considered a floor for Yen, uncertainty persists regarding Japan's desired exchange rate, which they officially said it's not targeted. Nevertheless, absent further actions by the authority, the range for Yen consolidation appears to be nearly established. ....

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Yen Rises Amid Risk Aversion

Yen Rises Amid Risk Aversion
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Australian Dollar Rises On RBA's Rate Hike Speculation

Australian Dollar Rises On RBA's Rate Hike Speculation
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Forexlive Americas FX news wrap 6 Feb. US yields move lower and helps to send the USD down

Forex news for North American trading on Feb 6, 2024 ....

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