Share: USD/MXN extends losses for a third day on the downbeat US Dollar. Banxico Deputy Governor Mejia mentioned that the current monetary policy is effective in...
Share: Here is what you need to know on Tuesday, October 24: Market mood continues to improve early Tuesday following the news of Israel delaying a...
Share: The S&P 500ʻs winning streak ended at two weeks as the benchmark fell 2.4% last week to 4,224 as of the market close on Friday....
Share: GBP/USD extends its gains for the fourth consecutive day ahead of UK economic figures. Improved risk sentiment contributes support to underpinning the Pound Sterling. UK...
Share: USD/CAD trades in negative territory for the third consecutive day, around 1.3674. The Chicago Fed National Activity Index rose to +0.02 in September vs -0.22...
Share: Indian Rupee holds positive ground despite the sour market mood. Rising oil prices and Middle East geopolitical concerns might trigger risk-off sentiment and limit the...
Share: Australian Dollar extends gains as the US Dollar declines. Australia’s Manufacturing PMI eased to 48.0, while the Services PMI dropped to 47.6. China may approve...
Share: USD/JPY posts modest gains around 149.76 after the Japanese PMI data. Japanese Jibun Bank Manufacturing PMI for October eased to 48.5 vs. 48.5 prior, worse...
Share: According to Reuters, the US has advised Israel to hold off a ground assault in the Hamas-controlled Gaza Strip and is keeping Qatar – a...
Share: USD/MXN faced a challenge due to risk-off sentiment. Israel-Hamas war could weigh on the Mexican Peso. Mexico’s Retail Sales declined to 0.4% (MoM) in August,...
Share: Indian Rupee trades firmly, supported by the potential aggressive intervention by the Reserve Bank of India (RBI). A rise in US Treasury yields and higher...
Share: GBP/USD struggles to extend gains as US Dollar rebounds. UK Retail Sales dipped to 0.9% against the expected 0.1% decline. Upbeat US Treasury yields provide support...
Share: According to Chinese state media, the situation in Gaza is “very serious,” with the possibility of a large-scale ground conflict rising and the outlook “worrisome”...
Share: Australian Dollar struggles as the US Dollar recovers recent losses. Australia’s central bank is expected to implement more interest rate hikes. Upbeat US Treasury yields...
Share: The European Union (EU) is considering extending an emergency gas price cap imposed in February, amid concerns that the Middle East crisis and sabotage of a...
Share: Gold price currently trades near $1,975 after retracing from the nearly $2,000 mark. Federal Reserve (Fed) Chair Powell and other Fed officials signal that rates...
Share: AUD/USD recovers its losses ground above the 0.6300 mark in early Monday. Fed Chair Jerome Powell and other officials believe rates will stay on hold...
Share: The GBP/USD is looking to squeeze out some gains before the Friday closing bell, stretching into 1.2170 in the Friday midday. Despite a miss for...
Share: Retail Sales in Canada fell more than expected in August. USD/CAD continues to trade in negative territory at around 1.3700. Retail Sales in Canada declined...
Share: The Greenback lost substantially on Thursday after Powell did not bring anything new to the table. A very light data calendar on Friday offers room...