Usd
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Mexican Peso nears 20.00 level against US Dollar ahead of inflation data
The USD/MXN resumed its downtrend as the effect of the release of strong US labour figures waned. Mexican CPI data…
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USD/INR rises as buoyant US Dollar pressures Indian Rupee
The Indian Rupee softens in Monday’s early European session. A stronger USD and concerns over slowing domestic growth could drag the…
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AUD/USD – Bullish reversal move looks likely
AUD/USD jumps to near 0.6420 with investors focusing on the RBA monetary policy announcement on Tuesday. The RBA is expected…
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USD/CAD extends upside above 1.4150 on bets for big BoC cut
USD/CAD gains traction to near 1.4170 in Monday’s early European session. The BoC expects to deliver another big rate cut…
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US Dollar recovers after strong NFP report
DXY trended higher toward 106.00 on Friday. November’s NFP report showed a large beat on job creation. Sentiment data from…
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Trade of The Day – EUR/USD
Facts: EURUSD rebounded two days ago from a key support level around 1.0465–1.0470. Following NFP data release, the pair has crossed above…
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EUR/USD Pair extends gains, rises above 1.0560
EUR/USD gains 0.30% on Thursday, climbing to 1.0560. Pair breaks above the 20-day SMA, improving the short-term outlook. Indicators show…
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Trade of The Day – USD/JPY
Facts: The USDJPY pair is currently holding within a structure of important support at the 150.00 level Despite the Fed’s…
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Chart of The Day – EUR/USD
Further weaker data from Europe prompts reflection on today’s appreciation of the Eurodollar, which is benefiting more from positive market…
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Japanese Yen retains intraday bullish bias; USD/JPY slides back below 150.00
The Japanese Yen attracts fresh buyers amid wavering expectations for a December BoJ rate hike. A softer USD exerts additional…
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