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China's yuan rebounded from a one-month low on Thursday, after the central bank set its guidance at the strongest in nearly three years in a bid to calm nerves against the backdrop of Iran conflict. China on Thursday set its GDP growth target for 2026 at 4.5% to 5%, the lowest on record since early

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The Swiss franc jumped on Monday as investors sought safety after the US and Israel bombed Iran, killing Supreme Leader Ayatollah Ali Khamenei. US crude oil surged more than 8%. The escalating conflict in the Middle East is fuelling fears that Washington's pursuit of regime change in Iran could have

The foreign exchange market, also known as the Forex market or the FX market, is also one of the global markets that witnesses a trading volume of almost $6.6 trillion every day. Foreign exchange refers to exchanging one currency trading with another for different reasons that include tourism, inter

Shares show high volatility, which indicates increasing risks. The market could be wrong about the Fed's interest rate. Recent projections show that Fed officials expect the federal funds rate to rise to at least 5.1% from the current range of 4.75% to 5%. That suggests the Fed could make another qu