Browsing: Global Forex Updates
Mexican Peso appreciates as USD/MXN dips to 19.47 after disappointing US sentiment data.Banxico cuts benchmark rate by 50 bps, but…
The Dow Jones rose slightly on Friday, clipping into fresh weekly highs.Equity markets shrugged off a worse-than-expected print from the…
USD/CHF trades near a critical resistance zone as markets assess ongoing tariff uncertainty and soft US economic data.US consumer sentiment…
EUR/USD trades near the 1.1100 zone with minor losses on Friday.The pair maintains a bearish outlook, supported by mixed technical…
The resilience of the US economy in recent years was interpreted by many investors as a demonstration of US ‘exceptionalism’,…
XAU/USD trades near $3,180, on track for a weekly loss of over 4%.Easing trade tensions and a stable geopolitical landscape…
EUR/CHF was seen around the 0.94 zone on Friday, with minor gains.The cross maintains a bearish bias despite mixed technical…
The Mexican peso edges up slightly, recovering some of the previous day’s losses.Banxico cuts rates while the Fed remains cautious,…
Gold price meets with a fresh selling pressure and erodes a part of Thursday’s recovery gains.The US-China trade deal optimism…
The USD remains on the back foot for the second straight day, though it lacks follow-through selling.The technical setup favors…