Forex

Mexican Peso edges down 0.30% against US Dollar, trading at 16.64. Mexico's April Economic Activity Indicator shows minimal growth with Q1 2024 GDP expected…

Canadian Dollar moves broadly lower as inflation tempers in April. Canada finds easing price pressures, odds of BoC June rate cut rise. Canadian Retail…

Dollar Index trades at 104.6, registering mild losses in Tuesday's trading. USD is trading sideways as a cautious Fed is hesitant on premature easing. The…

USD/CHF has been in a rising channel all year with a bullish bias.  A break below the base of the channel on May 14 brought into doubt the uptrend.  The…

Fed policymakers' comments on policy outlook will be scrutinized by investors this week. Markets see a waning probability of a Fed policy hold in September.…

Gold price is correcting lower after touching an all-time high of $2,450 on Monday.  The pullback appears to be driven by central banks communicating a…

The US Dollar traded mixed on Monday with no clear direction in the European session.  The Greenback is now starting to see a bit of a catch up in safe…

The Mexican Peso continues its uptrend despite poor Mexican data and risk aversion.  The wide interest-rate differential between Mexico and Western…

Oil tests the support of its 2024 rally again on Tuesday.  Markets disregard current events in the Middle East as there is no risk for output in the…

EUR/USD trades back and forth around 1.0850 with eyes on FOMC minutes and preliminary Eurozone and US PMIs. Doubts are rising over the possibility that the…