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...
The Mexican Peso closed Monday slightly higher in its key pairs. President-elect Claudia Sheinbaum takes over from outgoing President Andres Manuel Lopez Obrador on Tuesday. USD/MXN...
Gold is recovering on Tuesday as safe-haven demand increases following Israel’s invasion of Lebanon. Fed Chairman Powell adopts a more cautious, data-dependent stance, which caps gains...
Gold prices fall for the second consecutive day, down 0.6%, despite falling US Treasury yields and rising geopolitical risks. The US Dollar Index rises as Fed...
Mexican Peso strengthens to 19.60 against the Greenback, supported by anticipation ahead of Claudia Sheinbaum’s October 1 inauguration. Business Confidence for September, expected on October 2,...
The Mexican Peso modulates between weak gains and losses on Monday. The week ahead promises to be busy for traders of the Peso’s key counterparts, given...
XAU/USD drops to $2,646 after September inflation data suggests progress toward the Fed’s 2% target. US 10-year Treasury yield falls five basis points, while the US...