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Our Forex Monthly Technical and Fundamental Outlook report examines long-term forecasts for major currencies, as we explore key themes ranging from chart patterns, fundamental valuations, and interest rate forecasts.

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The US dollar’s decline has accelerated as forex traders follow other financial markets in a return to risky assets. The correction will offer a welcome opportunity for traders looking to enter the long-term US Dollar up trend with better risk-reward parameters.

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Fading demands for carry trades continues to favor a bearish outlook for the NZDUSD, and we may see the pair work its way lower to retest the November lows over the near-term.

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Easy-Forex has established an office in London, just months after launching its new forex trading platform, the Visual Trading Machine™.

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EURUSD: Euro US Dollar Exchange Rate Forecast USDJPY: US Dollar Japanese Yen Exchange Rate Forecast GBPUSD: British Pound US Dollar Exchange Rate Forecast USDCHF: US Dollar Swiss Franc Exchange Rate Forecast USDCAD: US Dollar Canadian Dollar Exchange Rate Forecast AUDUSD: Australian Dollar US Dollar Exchange Rate Forecast NZDUSD: New Zealand Dollar US Dollar Exchange Rate Forecast

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The dollar has been steady to lower in Asian trading today with interest said to be thin and muted due to the U.S. holiday today and the approach of month end. So-called dollar bloc currencies, AUD, CAD and Kiwi have chopped around within a range, supported initially by Nikkei gains and anticipated risk appetite, but thwarted after the Nikkei gains stalled and the stock index drifted lower into …

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The EURUSD has held within a broad range between 1.2380-1.3120 during November, and may offer profitable opportunities for forex traders.

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The Enforcement Directorate has busted a hawala racket operating from a shop dealing in foreign exchange in a posh locality in New Delhi and has seized cash amounting to Rs 18 lakh and foreign currency worth Rs 3.5 lakh.

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* Yen gains, global recession fears keep investors on edge

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KARACHI, Nov 27 (Reuters) - Pakistan’s foreign exchange reserves fell by $40 million to $6.60 billion in the week that ended on Nov. 22, the central bank said on Thursday.

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