Forex

Mexican Peso drops 0.51% against USD after Banxico Governor suggests potential rate cuts. Governor Rodriguez Ceja notes core inflation's downtrend, fueling…

Dow Jones sheds 0.2% on Monday after NY Fed inflation survey accelerated. Markets continue to pin hopes on Fed rate cuts in 2024. US PPI, CPI inflation…

DXY Index exhibits mild losses at 105.35, indicating a modest bearish trend. Market attention is centered on conservative Fed comments and April inflation…

EUR/USD moves higher to 1.0800 as the appeal for risky assets improves. The ECB is expected to start reducing interest rates in June. Investors keenly…

GBP/USD edges higher on soft US Dollar, climbs above 200-DMA. If buyers reclaim 1.2600, look for a test of 1.2700 in the near term. Once the pair tumbles…

Oil trades around $78.00 after a failed attempt to snap above $80.00 on Friday. More criticism emerges globally towards Israel and its offensive into Gaza.…

Friday’s trading session didn’t change that much, with the S&P 500 index gaining 0.16% and slightly extending its recent advances. The market reached a new…

The Japanese Yen drops further as investors remain uncertain about BoJ extending the policy normalization process. Japan’s economy is estimated to have…

The US Dollar consolidates on Monday after whipsaw moves last week. The economic calendar is quiet on Monday ahead of a busy week ahead.   The US Dollar…

USD/CHF inches higher due to a firmer US Dollar driven by cautious remarks from Fed officials. The decline in the US Treasury yields limits the advance of…