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USD/CHF trades with mild losses near 0.8900, eyes on US PMI data
The Forex Market· 5 days agoUSD/CHF edges lower to 0.8905 in Wednesday’s early European session. Financial markets expect two or...
Gold Price Forecast: XAU/USD retains modest gains ahead of key US headlines
The Forex Market· 5 days agoXAU/USD trades in the $2,420 region, extending its recent recovery to $2,431.87 early in the...
EUR/USD holds steady ahead of key US inflation print
The Forex Market· 4 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· 6 days agoEconomists expect the Fed will cut interest rates twice this year amid the cooler inflation over the...
Japanese Yen appreciates due to risk-off flows
The Forex Market· 7 days agoThe Japanese Yen (JPY) extends its gains for the second successive session on Tuesday, which could be attributed to the increased risk aversion.
Mexican Peso recovers as carry-trade unwind fades
The Forex Market· 3 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...
Gold Forecast: XAU/USD set to challenge key $2,360 support ahead US Q2 GDP
The Forex Market· 4 days agoGold price is licking its wound, having seen a dramatic fall to near $2,370 in Asian trading after...
US GDP expands at an annual rate of 2.8% in Q2 vs. 2% forecast
The Forex Market· 4 days 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 ...
Mexican Peso tanks over 1% against USD ahead of inflation report
The Forex Market· 6 days agoMexico's economy decelerates, with retail sales missing expectations, fueling a bleak outlook....
Mexican Peso falls on mixed inflation data, strong US economy
The Forex Market· 4 days agoUS GDP data for Q2 2024 surpasses expectations, a headwind for the US Dollar. The Mexican Peso...