Forex

The Mexican Peso is rising after the release of broadly inflationary data suggests interest rates might remain elevated.  Relatively high interest rates in…

Japan’s verbal interventions are ineffective. Periods of quiet volatility may continue to push USD/JPY higher, with a new line in the sand for intervention now…

Natural Gas dips at the start of the US trading session.  Traders see cooler temperatures in Europe limit demand in the region.   The US Dollar index…

Silver is forming a Symmetrical Triangle, or Bull Pennant continuation pattern with bullish implications for price.  It is also probably rising up in the…

The US Dollar turns flat this week and trades relatively steady at current levels.  Traders will feast on no less than four Fed speakers on Wednesday.  The…

Third Plenum meeting is going to happen next week. The discussion around reviving the property market and consumer sentiment will be its main topic, Societe…

AUD/USD trades sideways with US Inflation in focus. Fed Powell cited concerns over easing US labor market strength. The RBA is expected to leave interest…

The Euro (EUR) is expected to continue to trade in a range, probably between 1.0800 and 1.0840. Risk of EUR breaking above 1.0850 has increased, albeit…

The Indian Rupee trades sideways in Wednesday’s early European session.  The renewed US Dollar demand might weigh on the local currency, while sustained…

The Pound Sterling exhibits strength against the US Dollar as Fed’s Powell sees softness in the US labor market strength. The Fed chief did not guide any…