TOKYO, Oct 16 (Reuters) - The euro was on the defensive early on Monday after Austria's election and on concerns over Catalonia's confrontation with Madrid, though the dollar also lacked momentum after soft U.S. inflation data.
The euro fell as much as 0.25 percent in early trade and last stood at $1.1817, down 0.1 percent, slipping further from a 2 1/2-week high of $1.1880 touched on Thursday.
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Players in the retail segment of the Nigerian interbank foreign exchange (forex) market received a $306.3 million boost from the Central Bank of Nigeria (CBN) on Friday, following bids received from forex dealers by the Bank.
This is just as the naira appreciated by 21 kobo week-on-week to close at N360.43 kobo on the NAFEX.
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also investment his is very best plate form forex all we friend join in the indian forex coumnity form so all bonous and very important avernes
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The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to determine which currency pairs are most likely to produce the easiest and most profitable trading opportunities over the next week. In some cases it will be trading the trend. In other cases it will be trading support and resistance levels during more ranging markets
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Fundamental Analysis & Market Sentiment
Sentiment is currently more bearish on the U.S. Dollar following last week’s worse than expected Core CPI data. Following President Trump’s decertification of the Iran deal, there may be an increase in geopolitical tension this week, which could weaken the U.S. Dollar against safe havens such as the Japanese Yen and precious metals such as Gold.


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