Mexican Peso holds firm ahead of expected Banxico 50 bps interest rate cut. US economic data and Powell’s remarks reinforce the easing inflation narrative, weighing…
GBP/JPY retreats after hitting 196.39, forming bearish engulfing candle suggesting downside risk. Break below 194.22 could open path toward 193.31 Tenkan-sen and 200-day SMA at…
EUR/USD took a tumble on Monday, closing 1.4% lower a brief test below 1.1000. A (temporary) walkback of US-China tariffs bolstered risk appetite. Key US…
EUR/USD consolidates near 1.1360 within a triangle, close to breakout levels. Eurozone and the United States data diverge as traders await the Fed policy tone.…
USD/CHF trades weaker in a quiet session as Dollar sentiment deteriorates ahead of the FOMC and amid TWD-induced spillover pressure across Asian FX. US economic…
The USD/CHF is trading higher near the 0.8960 area as the Dollar regains traction despite mixed macroeconomic signals. US jobless claims rose to 241,000 and…
Weak Chinese manufacturing PMIs kicked off the selling activity in Copper, but CTA selling activity into the liquidity vacuum has exacerbated the downside with algos on…
USD/JPY tumbles during North American trading, hovering near the bottom of its daily range around 142.00. Persistent trade uncertainty and fading multilateralism weigh on market…
Oil prices declined after reports emerged that OPEC+ is considering a major output increase in June, while Kazakhstan resists further production cuts to compensate for…
Created on April 18, 2025 Potential signal: I’m looking for a buying opportunity in this pair at the 0.8275 level. I would have a stop…