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Mexican Peso tanks over 1% against USD ahead of inflation report
The Forex Market· 2 days agoMexico's economy decelerates, with retail sales missing expectations, fueling a bleak outlook....
US Dollar gains restricted by falling Treasury yields
The Forex Market· 2 days agoUS Dollar DXY experiences a restricted gain as falling US Treasury yields may pose challenges during...
Pound Sterling remains on defensive ahead of preliminary UK/US PMI
The Forex Market· 2 days agoThe Pound Sterling (GBP) continues to hold the key support level of 1.2700 against the US Dollar (...
Indian Rupee weakens after FM Sitharaman hikes Capital Gains tax
The Forex Market· 2 days agoThis week, the US Dollar will be influenced by a slew of US economic data. The Indian Rupee weakens...
US Dollar Index holds position below 104.50 despite a risk-off mood, higher yields
The Forex Market· 2 days agoThe US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six other major...
USD/CHF remains below 0.8900 due to the dovish mood surrounding the Fed
The Forex Market· 2 days agoUSD/CHF depreciates as traders expect the Fed to reduce rates in September. NBC News projected that...
Japanese Yen appreciates due to risk-off flows
The Forex Market· 2 days agoThe Japanese Yen (JPY) extends its gains for the second successive session on Tuesday, which could be attributed to the increased risk aversion.
Australian Dollar extends losses due to concerns over China's economic growth
The Forex Market· 2 days agoThe Australian Dollar (AUD) weakens for the seventh consecutive session on Tuesday, driven by a...
Gold price slides for fourth-straight day as US yields rise
The Forex Market· 3 days agoUS President Biden exits race and endorses VP Harris, creating political uncertainty and undermining...
Mexican Peso climbs after strong Economic Activity report
The Forex Market· 3 days agoMexican Peso gains 0.55%, trading at 17.92, after better-than-expected Economic Activity data....