The Mexican Peso extends its recovery into a second day supported by broad risk appetite. The rebound started following market-soothing comments from the Mexican Finmin that...
AUD/USD stays flat at 0.6648 after mixed US data and speculations of Fed rate cuts. US ISM Services PMI rises to 53.8, while ADP private hiring...
USD/CAD rallies after the Bank of Canada decides to cut its key interest rate at its June meeting. The decision was widely expected but still weighs...
USD/JPY pulls back after markets’ risk-off tone generates safe-haven demand, benefiting the Yen. The BoJ might be considering reducing bond purchases at its June meeting according...
The Mexican Peso continues to fall after plummeting over 4% in key pairs on Monday. The possibility of the left-leaning Morena party winning a supermajority sparks fears...
Gold spiked to a high of $2,359 on Friday after US PCE inflation data undershot expectations, suggesting interest rates might fall. Gold rolls over and declines to three-week lows,...
USD/JPY is likely to remain underpinned as the Bank of Japan has few options for sustainably strengthening the Yen. Direct intervention is only a quick fix...
Gold reverses the gains made after the release of PCE inflation data shows price pressures cooled in April. Precious metal already made gains following the second estimate for...
The Mexican Peso is trading higher against the USD on Friday after the release of US PCE inflation data. Core US Personal Consumption Expenditure (PCE) slowed...
The US S&P 500 and Nasdaq100 have declined for the past three consecutive days, with futures pointing to a negative opening on Friday. Meanwhile, Dow Jones...
Gold bounces to $2,347 from daily lows of $2,322, up 0.41%. Slower US GDP growth and rising unemployment claims weaken the Greenback. Traders eye April’s PCE...
Gold price falls as interest rates are expected to remain high, increasing the opportunity cost of holding Gold. Fed speakers continue calling for a delay in...
The Mexican Peso is at risk of reversing its long-term uptrend. Several analysts say MXN has peaked and is on the way down. Negative fundamentals include...
Gold gains more than 0.30% despite pressure from high US Treasury yields. Hawkish remarks from Fed officials, including Governor Michelle Bowman, temper Gold’s rise. XAU/USD traders...
Gold recoups earlier losses as US Dollar continues weakening, safe-haven demand. Gold imports to China, its largest market, fell by 38% in April. XAU/USD is probably...
Gold price rises close to 1% after bouncing off two-week low of $2,325. Strong US economic data dampens hopes for Fed easing, pressured Gold prices last...
Gold is pulling back after last week’s steep sell-off. Traders are keen to wait for US inflation data later this week to reassess fundamentals. Gold is...
The Mexican Peso rises in its key pairs as investor risk appetite improves. China, Japan and South Korea reopen free-trade talks, tech stocks rally. Speculation of...
Gold climbs 0.23% on Friday but is set for weekly drop above 3%. US Durable Goods Orders exceed expectations, though March’s revised down data softened the...
The Mexican Peso reverses earlier loses after risk appetite improves. The Peso fell against the US Dollar after strong US economic data strengthened the buck on...