Gold hits a new ATH of $2,664 amid declining US Consumer Confidence and weakening US Dollar, XAU/USD trades at $2,651. Fed Governor Michelle Bowman signals a...
Mexican Peso strengthens after US Consumer Confidence deteriorated. Mexico’s inflation fell below estimates in September, with core inflation easing under 5%, boosting expectations for a 25...
The Mexican Peso trades steadily after the release of Mexican inflation data. Banxico will hold its meeting on Thursday; a 25 bps rate cut is expected. USD/MXN...
Mexican Peso declines for fourth day as USD/MXN recovers from daily low of 19.29. Mexico’s Economic Activity expanded in July, but Retail Sales contracted for the...
The Mexican Peso extends its recovery after the release of US Core PCE data, the Fed’s preferred gauge of inflation. The Peso was already weakening as...
Gold prices fall 5% from July 17 peak of $2,483 to $2,364. US Q2 GDP beats expectations, strengthening the US Dollar and impacting gold. Market certainty...
The Mexican Peso is weakening as international investors unwind the Peso-favorable “carry trade”. A negative spell of data has further weakened the Peso as Banxico sets...
Gold extends correction and slides down to a technical range floor. The precious metal shrugs off the global growth fears that normally incentivize investors to hoard...
Gold touches $2,432, then stabilizes under $2,400, pressured by US 10-year yields at 4.274%. FedWatch Tool forecasts 100% chance of a 25 bps rate cut in...
Gold is trading higher as stagflation fears bite, suggesting inflation may remain elevated amid slower growth. The nomination of Kamala Harris as the Democrat presidential candidate...
Gold price climbs above $2,400, ending a four-day losing streak amid falling US Treasury yields. Traders await crucial economic data, including June’s inflation and Q2 GDP,...
Gold drops to $2,399, down 1.50%, after hitting a high of $2,447. Concerns over China’s economic growth and Trump’s election prospects boost the Greenback. US Dollar...
The ECB decision and the subsequent press conference by ECB President Christine Lagarde were essentially non-events in terms of content. The ECB is largely satisfied with...
AUD/USD falls more than 1.30% in the week on risk-off mood. China’s weaker-than-expected growth figures in Q2 and Iron ore prices are a headwind for the...
Gold is down more than 0.50% amid anticipation of a September Fed rate cut. US jobless claims exceed forecasts, suggesting economic slowdown and favoring lower rates....
As universally expected, the ECB left its policy rates on hold at today’s meeting. The tone of the statement was roughly unchanged, but there were some...
Gold prices fall to $2,457 after hitting an all-time high of $2,483 due to profit-taking. Fed officials signal potential rate cuts; Governor Waller suggests downward trend...
The Mexican Peso is trading lower against its main counterparts amid data releases and changing interest rate expectations. MXN is weakening against the USD after a...
Gold is rising as expectations firm of falling interest rates in the US – a positive for the precious metal. Fed’s Adriana Kugler says a combination...
Gold price hits an all-time high of $2,469 on growing expectations of a Fed rate cut in September. Trump’s potential election win fuels market volatility, driving...