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Forex
Mexican Peso in peril as Fed comments propel US Dollar higher
USD/MXN climbs more than 1%, fueled by strong US economic indicators.
Minneapolis Fed President Neel Kashkari hints at continued rate hikes, expects only…
Canadian Dollar softens on data-light Tuesday as US markets return to the fold
US markets return after long weekend, Fedspeak to dominate.
Canadian Dollar recedes as investors shrug off low-tier CAD data.
Canada saw an uptick in…
Mexican Peso edges down as market sentiment ebbs, volatility falls
The Mexican Peso dips on Tuesday as market sentiment dips on a variable global interest-rate outlook.
Israel’s bombing of a tent camp in Rafah continues to…
US Dollar recovers as Fed’s Kashkari keeps door open to rate hikes
The US Dollar recovers and nearly erases all losses for this Tuesday.
Fed's Kashkari surprises markets with hints of a rate hike.
The US Dollar Index…
USD/CAD finds interim support near 1.3600 as focus shifts to US core PCE Inflation data
USD/CAD bounces back from 1.3600 as US Dollar recovers due to diminished Fed rate-cut bets.
Fed officials want to see inflation easing for months before…
AUD/USD advances to 0.6670 ahead of Australian monthly CPI data
AUD/USD jumps to 0.6670 with eyes on Australian inflation data for April.
The US Dollar fails to capitalize on easing Fed rate-cut prospects.
Fed officials…
Gold weakens on China-demand fears
Gold imports to China, its largest market, fell by 38% in April.
The data could indicate Chinese demand is weakening.
XAU/USD is probably forming a Bear…
WTI approaches weekly high above $79.00 amid caution ahead of OPEC+ meet
The Oil price extends upside as uncertainty ahead of the OPEC+ meeting neutralizes the impact of fading Fed rate-cut prospects.
Easing Fed rate-cut bets…
Pound Sterling gains further against the US Dollar with focus on US core PCE inflation
The Pound Sterling jumps to 1.2780 as the US Dollar declines with eyes on US core PCE inflation data.
US core PCE inflation is forecasted to have grown at a…
NIKKEI 225 Elliott Wave technical analysis [Video]
NIKKEI 225 (N225) Elliott Wave Analysis Trading Lounge Day Chart,
NIKKEI 225 (N225) Elliott Wave technical analysis
Function: Counter Trend.
Mode:…