Forex
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Mexican Peso rallies strongly, poised for positive week close
Mexican Peso gains amid US Dollar weakness and reduced trade fears, ignore mixed Mexican economic activity data. Mid-month inflation falls…
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EUR/GBP: Retreats below 0.8450 toward 200-day SMA
EUR/GBP struggles to sustain uptrend, facing resistance near 0.8473. Pair tests 200-day SMA at 0.8422; could revisit year-to-date high if…
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NZD/USD: Pair extends gains and settled around 0.5705, momentum builds
NZD/USD advances on Friday, holding above the key 0.5700 level. The pair maintains its uptrend, supported by bullish technical indicators. Focus…
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EUR/USD strengthens on upbeat Eurozone flash PMI
EUR/USD raises sharply to near 1.0500 as upbeat Eurozone preliminary PMI data for January has strengthened the Euro. The ECB is widely…
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Chart of the day USD/JPY
The USDJPY currency pair was still hovering around the upper resistance of the consolidation before the start of today’s European…
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EUR/USD slides on ECB dovish bets, firm US Dollar ahead of US inflation
EUR/USD tests region below 1.0500 as the Euro (EUR) weakens, weighed by expectations of further ECB interest-rate cuts. The ECB…
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AUD/USD seems vulnerable near YTD low, around mid-0.6300s ahead of US CPI
AUD/USD hits a fresh year-to-date low and is pressured by a combination of factors. The RBA’s dovish tilt and China’s…
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Chart of The Day – USDIDX
The US Dollar Index faces a critical juncture ahead of Wednesday’s CPI data, with market expectations tilted toward persistent inflation…
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EUR/USD slides on ECB dovish bets, US inflation in focus
EUR/USD drops to near 1.0530 as investors await key events including US inflation and the ECB policy meeting. The ECB…
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Mexican Peso dips with the Dollar firming up ahead of US CPI data
The US Dollar picks up supported by a sourer market sentiment ahead of the US CPI release. Soft Mecican CPI…
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