Forex

The Canadian Dollar backslid another tenth of a percent against the Greenback. Despite upbeat labor data from Canada, markets deferred to the US Dollar. US…

Mexican Peso strengthens for the second consecutive day as traders increase the odds of a 25 bps Fed rate cut to 85.9%. Banxico minutes confirm economic…

USD/JPY edges higher, trading within a range of 148.00-149.50 as US 10-year yields rise to 4.104%. Momentum favors buyers, with a break above 149.50,…

AUD/USD prints gains on Friday after US Producer Price Index (PPI) data showed inflation easing. The US Core PPI rose by 0.2% MoM as expected, while annual…

Gold gains 1% on Friday, set to end the week with 0.20% gains. US PPI data was slightly above expectations, suggesting inflation is down but stalling above…

GBP/USD Forecast: Sellers could move aside if Pound Sterling rises above 1.3100 GBP/USD clings to small daily gains early Friday after closing marginally…

Producer inflation in the US rose at a stronger pace than expected in September. US Dollar Index stays slightly below 103.00 following the PPI data. The…

A slew of (significantly) weaker-than-expected PMI surveys in the Eurozone in the past two months has injected fresh uncertainty about the strength of the…

Unemployment Rate in Canada declined slightly in September. USD/CAD pushes lower following the upbeat Canadian employment data. The Unemployment Rate in…

The Mexican Peso recovers after the release of benign Banxico minutes improved the outlook.  President Sheinbaum sends an envoy to meet the US finance…