4 Global Market Updates- 8 March, 2023
In this article, we have covered the highlights of global market news about the USD/MXN, USD/CAD, USD/JPY and AUD/USD. USD/MXN Price Analysis: A recovery below 18.16 remains difficult. In the lead-up to Wednesday's European trading day, USD/MXN falls from its intraday high,…
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EUR/USD bounces to 1.0660, and Dollar offers
The EUR/USD strengthened Friday's recovery and tried 1.0660. In the face of falling US rates, the Dollar struggles to gather momentum. The EMU Sentix Index unexpectedly declined in March. At the start of the week, EUR/USD makes a minor increase…
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AUD/USD trades in a similar range above the mid-0.6700s.
AUD/USD filled a small initial gap on Monday but failed to continue. The USD is weighed down by a decline in US bond rates, supporting the major. Before this week's major events and data threats, the duo faces resistance from…
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4 Global Market Updates- 6 March, 2023
In this article, we have covered the highlights of global market news about the USD/JPY, AUD/USD, USD/CAD and USD/MXN. USD/JPY trades with minor losses as the USD weakens; the downside seems restricted. For the second straight day, the USD/JPY pair saw some selling…
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Gold Price Prediction: Bulls in charge ahead of ISM Services PMI
In a positive reversal week, gold price bulls get active. Despite rising US Treasury 10-year bond rates, the US dollar has somewhat reversed. For a new thrust on XAU/USD, the ISM Services PMI is still awaiting publication. This week saw…
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