Browsing: Forex
Mexican Peso continues its upward trend for the fourth consecutive day amid favorable risk sentiment. Banxico’s recent rate cut to…
The Dow Jones saw limited momentum in a quiet start to the trading week. Equities are overall tilted into the…
The Canadian Dollar (CAD) is little changed to start the week. There is no incentive to push the CAD higher…
USD/JPY rebounds from 155.00 as BoJ Ueda didn’t provide specific timing for further interest rate hikes. Japan Kato warned of…
ECB Governor Makhlouf said he believed a ‘prudent and cautious’ approach to policy setting was appropriate which suggests he is…
GBP/USD remains flat, with potential for movement pending UK economic updates and Fed speakers. Technicals suggest vulnerability to further downside…
Crude Oil rallies over 2% with tensions escalating between Russia and Ukraine over the weekend. The G20 meeting will include a Ukraine…
EUR/GBP crosses key 0.8350 threshold but faces resistance near 0.8400, with current trading influenced by UK GDP concerns. Potential upside…
NZD/USD is expected to see more weakness as the US Dollar holds onto gains. Interest rate cuts from the Fed…
The Pound Sterling (GBP) is flat on the session, Scotiabank’s Chief FX Strategist Shaun Osborne notes. GBP steady on the…
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