USD/MXN rallies after Banxico slashes benchmark rate to 8.50%. Banxico unanimously cuts rates by 50 bps, reinforcing dovish outlook and pressuring the Peso. Weak US…
GBP/USD rises towards 1.3300 as UK economy grows above forecasts The Pound Sterling extended its gains against the US Dollar, driven by a positive reading of economic…
The Eurozone economy expanded by 0.3% in the first quarter of 2025 (Q1), undermining the preliminary reading of 0.4%, according to the second estimate released by…
NZD/USD could target the rectangle’s upper boundary around 0.6020, followed by the six-month high of 0.6038. The 14-day RSI has climbed above the 50 level,…
Silver price found support following news that Canadian mining company Pan American Silver plans to acquire MAG Silver Corp. Ongoing geopolitical tensions also underpinned the…
DXY drops 0.32% to 100.31 as US yields slip, boosting appeal for non-yielding assets like Gold. Trump hints at 80% China tariff; markets brace for…
The Unemployment Rate in Canada rose to 6.9% in April. USD/CAD trades marginally lower on the day near 1.3900. The Unemployment Rate in Canada edged…
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $32.58 per troy ounce, up 0.37% from the $32.46 it cost on…
AUD/JPY depreciates, buoyed by stronger-than-expected Japanese household spending data—signaling a potential rebound in domestic consumption. Japan’s Overall Household Spending in Japan rose 2.1% YoY in…
EUR/GBP remains under pressure as markets increasingly anticipate further ECB rate cuts, potentially as soon as June. The European Commission has initiated a public consultation…