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EUR/USD holds steady ahead of key US inflation print
The Forex Market· 2 days agoEUR/USD continued to cycle 1.0850 on Thursday. Markets are bracing for one last blast of US inflation data on Friday. EUR/USD churned in familiar...
USD/CAD extends upside above 1.3750, with all eyes on BoC rate decision
The Forex Market· 4 days agoEconomists expect the Fed will cut interest rates twice this year amid the cooler inflation over the...
Australian Dollar declines as US Dollar recovers its losses
The Forex Market· 6 days agoThe Australian Dollar (AUD) loses ground for the sixth successive session on Monday.
EUR/USD Forecast: Limited bullish potential in a risk-averse environment
The Forex Market· 4 days agoThe EUR/USD pair extended its slide to 1.0824 on Wednesday, finally finding buyers in the area.
Pound Sterling remains on defensive ahead of preliminary UK/US PMI
The Forex Market· 5 days agoThe Pound Sterling (GBP) continues to hold the key support level of 1.2700 against the US Dollar (...
Japanese Yen appreciates due to risk-off flows
The Forex Market· 5 days agoThe Japanese Yen (JPY) extends its gains for the second successive session on Tuesday, which could be attributed to the increased risk aversion.
Japanese Yen extends gains as traders expect BoJ to raise interest rates
The Forex Market· 4 days agoThe Japanese Yen (JPY) extends its gains for the third consecutive session on Wednesday, likely due...
Mexican Peso eases losses amid Fed easing hopes
The Forex Market· 2 days agoUS PCE Price Index signals steady inflation, boosting Fed rate cut expectations. The Mexican Peso trimmed some losses against the US Dollar on Friday,...
Mexican Peso recovers as carry-trade unwind fades
The Forex Market· 2 days 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...
Mexican Peso tanks over 1% against USD ahead of inflation report
The Forex Market· 5 days agoMexico's economy decelerates, with retail sales missing expectations, fueling a bleak outlook....