Mexican Peso Drops Amid 3.5% Spike In US Consumer Sentiment- What It Means For USD/MXN
The Mexican Peso (MXN) has seen a dip in value against the U.S. Dollar (USD) as global markets react to…
Category: News
Gold Price Forecast- $2,690 As Interest Rate Expectations, Dollar Strength, And Trump Impact Weigh Heavy
The gold market is feeling the heat, with prices slipping further as the post-election fallout from Donald Trump’s re-election impacts…
US Dollar Index Climbs 0.42% As Consumer Confidence Rises To 73 In November, Outpacing Forecasts
In a positive turn for the U.S. economy, the University of Michigan’s Consumer Confidence Index surged to 73 in November,…
EUR/GBP Hits Lowest Level In Over A Week- Bearish Pressure Builds As RSI Dips To 42
The EUR/GBP pair is currently on a four-day losing streak, hitting its lowest levels in over a week, as bearish…
USD/JPY Price Forecast- Major Trendline Support At 152.55 Could Propel Pair Toward 157.86
The USD/JPY pair recently pulled back to a critical trendline, found support, and is poised for a potential recovery. Despite…
Mexican Peso Falls 1.85% Against USD As Trump’s Tariff Threats Weigh, Banxico Expected To Cut Rates By 25bps
The Mexican Peso (MXN) continued its downward spiral on Friday, plunging by 1.85% against the US Dollar (USD), as markets…
US Dollar Strengthens By 1.25% Amid Positive Consumer Sentiment Data And Fed’s 25bps Rate Cut, DXY Targets 105.50 Resistance
The US Dollar strengthened as the week drew to a close, buoyed by a combination of positive economic data and…
Australian Dollar Drops 1.25% To 0.6600 Amid U.S. Dollar Strength And Fed’s Neutral Stance, Key Technical Levels In Focus
The Australian Dollar (AUD) took a hit this week, with the AUD/USD pair falling 1.25% to 0.6600 on Friday, weighed…
Silver Price Dips 2.29% Below $31.50 Amid Dollar Rally- Key Support At $30.84 In Focus For Traders
Silver prices slipped below the crucial $31.50 mark on Friday as the U.S. dollar strengthened, following former President Donald Trump’s…
NZD/JPY Plunges 1.20%- Bearish Momentum Accelerates, 91.00 Support Broken
The NZD/JPY currency pair experienced a significant decline on Friday, breaking below a crucial support level and signaling a potential…