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USD/CAD holds steady above 1.3800, BoC cuts rate again in July
The Forex Market· 3 days agoThe downside of the pair might be capped after the Bank of Canada (BoC) reduces its key borrowing...
US Dollar Index holds position below 104.50 despite a risk-off mood, higher yields
The Forex Market· 5 days agoThe US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six other major...
Mexican Peso depreciates against US Dollar as USD/MXN rises above 18.30
The Forex Market· 4 days agoMexican Peso depreciates over 1% against USD, trades above 18.30. INEGI’s mid-month inflation data...
US PMI data are expected to come in mixed in July
The Forex Market· 5 days agoOn Wednesday, S&P Global will release advanced readings for the United States (US) Purchasing Managers Indexes (PMIs) for July, a monthly survey of...
EUR/USD rises after US core PCE Inflation release
The Forex Market· 2 days agoEUR/USD gains even though the US core PCE Price Index for June turned out stubborn. Annual US core PCE inflation grew steadily by 2.6%. The ECB is...
Will the USD/CAD keep rising this week?
The Forex Market· 6 days agoThis decision is expected to have repercussions across the world's financial markets, beginning with the United States Dollar (USD).
EUR/USD edges higher with focus on US Q2 GDP
The Forex Market· 3 days agoGerman government announces tax relief for households and corporations. EUR/USD bounces back to near 1.0850 in Thursday’s European session. The major ...
Mexican Peso falls on mixed inflation data, strong US economy
The Forex Market· 3 days agoUS GDP data for Q2 2024 surpasses expectations, a headwind for the US Dollar. The Mexican Peso...
NZD/USD Price Analysis: Strongly recovers from 0.5900 after mix US flash PMI
The Forex Market· 4 days agoNZD/USD recovers swiftly from 0.5910 as the US Dollar corrects. The US Dollar weakens after mixed US...
Pound Sterling steadies above two-week low after release of US core PCE inflation
The Forex Market· 2 days agoThe Pound Sterling (GBP) remains sideways above fresh two-week low of 1.2845 against the US Dollar (...