USD/MXN fails to exceed 19.00, but Fed hawkishness favors upward.
Below the crucial resistance level of 19.00, USD/MXN bounces within a constrained range. The S&P500 futures and US Treasury rates show signs of recovery, creating confusion in the market's mindset. Before stopping its campaign of tightening policy, the Fed may…
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4 Global Market Updates- 20 January, 2023
In this article, we have covered the highlights of global market news about the GBP/USD, EUR/USD, NZD/USD and USD/JPY. GBP/USD declines to 1.2350 due to unfavorable UK retail sales and Fed worries UK Retail Sales fall short early on Friday, pushing the GBP/USD…
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4 Global Market Updates- 19 January, 2023
In this article, we have covered the highlights of global market news about the EUR/USD, AUD/USD, USD/JPY and USD/INR. EUR/USD Price Analysis: It's still probable to climb to the 1.0900 area. The EUR/USD continued its upward trend from Wednesday and retook the zone…
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USD/CAD is hovering on a daily low, slightly above the mid-1.3300s, as oil prices rise and the USD weakens.
Due to several variables, USD/CAD decreases for the second day. The Loonie is supported by rising Crude Oil prices, which put pressure on the pair as USD selling has resumed. Traders looking for short-term opportunities now anticipate the US PPI…
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4 Global Market Updates- 18 January, 2023
In this article, we have covered the highlights of global market news about the EUR/USD, AUD/USD, USD/JPY and GBP/USD. EUR/USD will trade in the 1.12-1.15 range – Citigroup FX The EUR/USD pair is anticipated to trade in a range of 1.12-1.15, according to…
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