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Turkish TradeMin: To sign deal with Qatar for comprehensive trade liberalisation

Turkish Trade Ministry recently stated that they would be signing a deal with Qatar for comprehensive trade liberalisation by securing a cheaper supply of refined oil products and natural gas, as reported by Reuters. Back in August, it was announced that Qatar would be investing $15 billion in Turkey.

The USD/TRY pair didn't show a reaction to this development and was last seen at 6.62, where it was up nearly 1% on the day.

 

GBP/USD Technical Analysis: Cable set to continue its descent to 1.2800 swing low

GBP/USD 4-hour chart Spot rate:               1.2864 Relative change:     -0.73%      High:                      1.2935 Low:                    
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USD/JPY Technical Analysis: Rebounds from descending channel resistance break-point turned support

   •  The pair showed some resilience below the 111.00 handle and once again managed to catch some bids near a short-term falling channel resistance b
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