Share: USD/MXN drops to the lowest level in a month, pressured around multi-day low of late. Broad-based US Dollar pullback joins cautious optimism in the market...
Share: Mexico’s Q2 GDP growth comes in below expectations at 0.8% QoQ, pushing USD/MXN higher as Banxico holds rates steady at 11.25%. US Job Openings declined...
Share: USD/MXN struggles for clear directions ahead of key data. Mixed prints of Mexican Q2 GDP, Fiscal Balance prod Peso buyers. US Dollar remains depressed as...
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Share: Gold Price remains pressured towards the key SMA Confluence after three-day losing streak from multi-week high. US Dollar recovery jostles with risk-on mood to keep...
Share: EUR/GBP has dropped sharply from 0.8570 despite UK’s weak factory data. Signs are clear that UK firms are facing the burden of higher interest rates...
Share: Commenting on the UK Gross Domestic Product (GDP) data, Chancellor Jeremy Hunt said that “while an extra Bank Holiday had an impact on growth in...
Share: Australian Treasurer Jim Chalmers said on Wednesday, “Expect a sharp slowdown for the Australian economy.” Additional quotes “The global economy in a dangerous road.” “No...
Share: NZD/USD has shown a recovery move to near 0.6200 despite the NZ economy reporting a technical recession. Fed Powell confirmed that rate cuts are not...
Share: USD/NZD retreats to 0.6200 as New Zealand Q1 GDP matches -0.1% QoQ forecasts More to come Information on these pages contains forward-looking statements that involve...
Share: UK GDP arrived at 0.2% MoM in April vs. 0.2% expected. GBP/USD defends 1.2600 on as expected UK GDP data. The UK Gross Domestic Product...
Share: The latest New Zealand Institute of Economic Research (NZIER) Consensus Forecasts showed a downward revision to economic growth for the year to March 2023, followed...
Share: NZD/USD bulls are riding the AUD´s coattails. Focus will turn domestic with NZ GDP coming up. USD/NZD has been range bound in the prior day...
Share: EUR/GBP has turned sideways after slipping below 0.8600 as German inflation decelerated significantly. German deflation has faded long-term hawkish ECB bets. BoE Mann said the...
Share: USD/CAD grinds near intraday high, extends previous day’s rebound from one-week low. Downward-sloping resistance line from late March restricts immediate upside of Loonie pair. Looming...
Share: USD/CAD is oscillating in a narrow range below 1.3600 amid a quiet market mood. This week, US Employment-linked economic indicators will keep investors busy. USD/CAD...
Share: In its monthly assessment report, the Japanese Cabinet Office raised the overall economic outlook for the first time since July 2022 in May, noting that...
Share: EUR/USD is marching towards 1.0770 as USD Index is showing signs of more weakness ahead. S&P500 futures have witnessed a minor correction, depicting caution in...
Share: Japan’s Gross Domestic Product released by the cabinet office has been released as follows: Japan’s economy grew an annualized 0.6% in the final three months...
Share: In its quarterly publication released on Monday, the European Commission revised upwards its economic growth forecasts for the euro zone to 0.9% in 2023 from...