USDMXN Muted After Banxico Meets Expectations with 75 bp Hike
The Central Bank of Mexico raises 75bp after July inflation number reached its fastest pace in more than two decades Read More
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The Central Bank of Mexico raises 75bp after July inflation number reached its fastest pace in more than two decades Read More
After a strong rally in recent weeks, gold prices have stalled near key technical resistance located slightly above the $1,800 area, but the metal maintains a positive near-term outlook. Read More
FTSE 100 has struggled to hold onto gains after temporarily rising above 7,500. Price action suggests that bulls may be challenged by a few hurdles before the uptrend can resume. Read More
The US Dollar is pulling back and EUR/USD is testing resistance. Can Euro bulls force a larger breakdown in DXY? Read More
The index trimmed gains as Federal Reserve members reiterated the need for rate hikes which saw the risk-on mood fade. Read More
Pound watchers brace themselves ahead of UK GDP tomorrow after GBP/USD rallied on the back of dollar weakness Read More
<p>A report published by the World Federation of Exchanges (WFE) on Thursday 11th August, revealed that a total of $18 Trillion had been wiped off the global markets in the first half of 2022.</p><p>The report by the industry association for global exchanges and clearing houses shows a sharp retraction in market capitalisation of approximately 15% from the previous six-month period.</p><p>During […]
The yen recovered some ground as markets reassessed the likelihood of a 75 bps hike in September following a cooler US CPI print. Dollar to remain supported, however Read More
The US dollar is fading lower in early European trade as investors continue to price-in Wednesday’s weaker-than-expected US inflation release. Read More
The gold price was left behind in a US Dollar rout that saw increasing risk appetite take equities, commercial commodities and associated currencies higher. Where to for XAU/USD? Read More