Forex

Mexican Peso extends gains as USD/MXN reaches 17.68 after hitting five-week low of 17.62. Mexico’s Industrial Production rebounds in May, indicating…

AUD/JPY declines to 107.10 while holding just above the 20-day SMA support. A bearish outlook looms for the next few sessions, following a substantial dip…

AUD/USD remains at highest level since January near 0.6800. Hot PPI data didn’t stop the pair in its upward trend. Monetary policy divergence between RBA…

Gold price sticks to key support level, set for third consecutive weekly gain on Fed rate cut expectations. US PPI rises above estimates; University of…

Producer inflation in the US rose at a stronger pace than expected in June. US Dollar Index stays below 104.50 following the PPI data. The Producer Price…

Indices in the US went in different directions. While the market’s flagship gainer of recent years, the Nasdaq100, has lost nearly 2.9% from its peak just…

Gold is pulling back after the stellar gains made on Thursday following the surprise fall in the US inflation rate in June.  Cooling inflation implies a…

USD/CHF is correcting back after the rally in late June and early July.  It is currently unfolding the wave C of an ABC corrective pattern.  USD/CHF is…

Oil prices edge higher for the third straight day on Friday.  Traders see both bearish and bullish elements in the mix, which could see Oil prices close…

Thursday’s trading session brought declines for the stock market, with the S&P 500 index closing 0.88% lower. It was a typical sell-the-news price action…