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Forex
Mexican Peso plunges to new yearly low amid strong US Dollar
Mexican Peso tanks as USD/MXN rises over 1.50% weekly, reaching new yearly highs.
US Dollar Index climbs as Treasury yields jump, boosting Greenback…
WTI hits fresh highs above $71,00 on revived geopolitical fears
News that Iran is preparing an attack on Israel has given a fresh boost to Oil prices.
OPEC+ members are considering delaying the output hike for at least…
GBP/USD: BoE outlook less certain – Scotiabank
The Pound Sterling (GBP) is trading marginally higher while Gilts remain soft (but off earlier lows) in the wake of Wednesday’s budget, Scotiabank’s Chief FX…
EUR/USD retreats in the aftermath of US NFP data
EUR/USD surrenders US NFP-inspired gains as the US Dollar bounces back.
The US presidential election could potentially inject volatility into the major pair…
EUR/GBP Price Forecast: Reaches crossroads after completing abc move and pulling back
EUR/GBP completes an abc move higher after bouncing from multi-year lows.
A break above the top of the pattern could be a sign of a reversal and birth of a…
Breaking: Nonfarm Payrolls increase by 12,000 in October vs. 113,000 expected
Nonfarm Payrolls (NFP) in the US rose by 12,000 in October, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading followed the 223,000…
Oil: A price increase is likely – Commerzbank
The outcome of the US presidential election is also likely to have an impact on the oil market. However, the Trump effect on prices is rather unclear here, so…
Mexican Peso trades mixed into the weekend as data and events rock peers
The Mexican Peso pares gains main from resilient Q3 GDP growth and nears the weekend mixed.
Multiple risk factors weigh including the risk of Trump…
US ISM Manufacturing PMI drops to 46.5 in October vs. 47.6 expected
The ISM Manufacturing PMI report showed ongoing contraction in business activity in October.
The US Dollar Index holds steady near 104.00 after the PMI…
EUR/JPY Price Prediction: Pulling back within uptrend
EUR/JPY is correcting within a bullish advance.
Given the short and medium-term trends are bullish more upside it expected providing certain conditions are…