Forex

Mexican Peso’s demand increases despite Banxico’s surprising decision. Banxico lowers rates by 25 bps in a 3-2 split decision. Central bank signals further…

NZD/USD bulls struggle above 0.6000, bears eye 0.5950. RSI neutralizes at 54, MACD flattens. The pair will tally a 0.80% weekly gain. In Friday's…

Dow Jones is set to end the week close to where it started. The major equity index recovered after Monday's thousand-point plunge, but nothing more.…

Stabilization in risk sentiment lends support to the USD despite lack of fresh fundamentals. Fed officials paint an optimistic picture of the US labor…

GBP/USD chalked in a fourth consecutive down week. Despite early losses, Cable clawed back some ground late in the week. Coming up next week: UK and US CPI…

NZD/JPY moves sideways after a three-day winning streak, and mixed technical signals emerge. The RSI remains near the oversold area despite rising, and the…

EUR/USD wrapped up the trading week nearly where it started. Market balance has broadly recovered as wait to Fed cuts resumes. Coming up next week: EU GDP…

Gold advances for the second day on Friday, buoyed by expectations of Fed easing in September. US economic data shows deceleration but not enough to stoke…

The AUD/JPY pair declined to 96.45 on Friday resuming the losses after three sessions with gains. However, technical indicators suggest a shift towards…

It was the expected close decision. By a vote of 3-2, the Mexican central bank (Banxico) yesterday decided to cut interest rates by 25 basis points to 10.75%,…