Gold gains 0.56% despite thin liquidity on US Presidents’ Day. Geopolitical risks, US trade policies support bullion’s long-term outlook. Traders await FOMC Minutes, Fed speakers, and...
USD/MXN dips below 50-day SMA at 20.42, trading at 20.27. Weak US Retail Sales and softer PPI sub-components fuel Fed easing expectations. Mexico’s Retail Sales, Banxico...
GBP/USD maintains last week’s gains after upbeat UK GDP data. BoE’s Catherine Mann signals dovish shift, weighing on sentiment. Traders eye UK jobs, inflation data; Fed...
Mexican Peso set for over 1% weekly gain as USD tumbles. The US Dollar Index falls to YTD lows as Fed rate-cut bets increase US Retail...
Gold set to end the week up 0.80% despite Friday’s drop. US Retail Sales plunge, fueling US Dollar weakness and lower Treasury yields. Investors price in...
Gold halts losses despite US CPI jumping above 3% in January. Traders slash Fed rate-cut bets to just 30 bps for 2025. US Dollar erases gains...
Mexican Peso weighed by hot US inflation, Fed’s rate-cut hopes dwindle US inflation jumps past 3%, delaying Fed rate-cut expectations until September. Fed Chair Powell signals...
GBP/USD hits a daily low of 1.2374 as US inflation jumps above 3%. The US Dollar strengthens as investors expect Fed’s first rate cut until September...
Mexican Peso treads water after failing to clear support at 20.30. Mixed economic data in Mexico weighed on the Mexican currency. Traders await Banxico’s monetary policy...
Mexican Peso recovered after weakening to an almost three-year low, as US – Mexico pledged to cooperate. The US Dollar Index curtails gain post-announcement, supporting a...
Gold rises 0.87%, maintaining gains as market navigates US tariff implications on global trade. US Dollar Index peaks at two-week high, later retreating as the US-Mexico...
USD/JPY declines from highs of 155.86, settling at 154.51 amid tariff-induced volatility. ISM Manufacturing PMI rises, signaling robust business activity despite global trade fears. Bank of...
Gold sustains gains, trading at $2,797, as White House clarifies tariff timeline confusion. Revised tariff announcements lead to brief dip in Gold with traders eyeing $2,800...
Mexican Peso gains 0.35%, recovering after Trump’s threat of a 25% tariff rattles markets. Trump is expected to delay tariffs implementation to March 1, hints at...
The Mexican Peso plummets on Trump’s threatening to impose 25% tariffs on Mexico. Banxico is expected to cut rates to stimulate the economic recovery amid global...
USD/JPY falls as US GDP growth slows to 2.3%, below expected 2.6%. Improved jobless claims fail to boost dollar amid prevailing economic concerns. Yen strengthens from policy...
Mexican Peso recovers from a sharp decline due to US trade threats, showing market resilience. Despite improved risk sentiment, Trump’s reaffirmed tariff plans on key industries...
The Chinese stock market is closed for a national holiday, but futures and ETFs are trading and are on another strong run today. The Hang Seng...
Gold pulls back after Tuesday’s rally on increased geopolitical risk stemming from Iran’s escalation in the Middle East. The macro backdrop remains positive, however, with falling...
Mexican Peso on the front foot following as Sheinbaum’s take office. Traders await President-Elect Claudia Sheinbaum’s inaugural remarks. Stronger than expected US JOLTS data and Powell’s...