GBP/JPY sells off following the defeat of Sanae Takaichi in the Japanese ruling party’s leadership run off. Takaichi had warned that if elected she would restrict...
Gold retreats at the end of the week as the effect of Chinese stimulus fades and global central banks adopt a more cautious stance. Stronger US...
The Mexican Peso seesaws between tepid gains and losses following the Bank of Mexico (Banxico) meeting. The bank decided to cut interest rates by 25 bps...
Gold reaches an all-time high of $2,685, buoyed by China’s stimulus and Middle East tensions. Despite strong US Dollar, Fed’s recent 50 bps rate cut fuels...
Mexican Peso is virtually unchanged after hitting a daily high of 19.46. Banxico expected to cut rates by 25 bps, but a larger cut could push...
Gold price steadied at $2,660 after hitting a record high of $2,670. Traders assign a 60% chance for another 50 bps of Fed rate cuts in...
Mexican Peso declines as USD/MXN climbs over 1.40%, driven by expectations of further Banxico rate cuts. Cooling inflation in early September bolsters the case for a...
Gold rallies to a new record high after US Consumer Confidence data falls well below expectations. The data reinforces bets the Federal Reserve will have to...
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...