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USD/CHF trades with mild losses near 0.8900, eyes on US PMI data
The Forex Market· 3 days agoUSD/CHF edges lower to 0.8905 in Wednesday’s early European session. Financial markets expect two or...
Mexican Peso recovers as carry-trade unwind fades
The Forex Market· 13 hours agoThe Mexican Peso is strengthening as the effects of the unwinding carry trade diminish. Gains may be capped by continued bets that Banxico will cut...
Australian Dollar extends losses due to concerns over China's economic growth
The Forex Market· 4 days agoThe Australian Dollar (AUD) weakens for the seventh consecutive session on Tuesday, driven by a...
Mexican Peso eases losses amid Fed easing hopes
The Forex Market· 5 hours agoUS PCE Price Index signals steady inflation, boosting Fed rate cut expectations. The Mexican Peso trimmed some losses against the US Dollar on Friday,...
Silver Price Forecast: XAG/USD holds position above $29.00 ahead of US PMI data
The Forex Market· 3 days agoSilver price remains steady ahead of US PMI data due on Wednesday. The slowdown in the Chinese...
EUR/USD: Euro on defensive mode is fighting near 1,0850 level
The Forex Market· 15 hours agoThe announcement on the growth rate of the United States maintained optimism that the American...
USD/CAD extends upside above 1.3750, with all eyes on BoC rate decision
The Forex Market· 3 days agoEconomists expect the Fed will cut interest rates twice this year amid the cooler inflation over the...
US Dollar recovers while political factors weigh in
The Forex Market· 4 days agoUS Dollar DXY kicked off the week with a slump after a brief rebound at the end of last week but managed to clear daily losses. The anticipated exit of...
US GDP expands at an annual rate of 2.8% in Q2 vs. 2% forecast
The Forex Market· 1 day agoFollow our live coverage of the US GDP report and the market reaction. Further details of the report showed that the Gross Domestic Product Price Index rose 2.3% in the second quarter, coming ...
WTI holds steady above $78.00 mark as traders keenly await US PCE data
The Forex Market· 20 hours agoA combination of factors continues to act as a tailwind for Crude Oil prices on Friday. Worries...