Mexican Peso appreciates as USD/MXN dives toward 20.00 amid Fed easing expectations. Weak Mexican Industrial Production data was overshadowed by improved risk appetite, boosting MXN…
GBP/USD holds steady near 1.2950 as traders brace for UK GDP data The Pound Sterling stayed firm at nearly 1.2950 against the Greenback on Thursday following the…
Gold climbs above $2,930 as safe-haven demand overcomes rising US yields Softer US CPI supports bets on Fed rate cuts, fueling Gold’s rally despite USD…
Gold price struggles to build on the overnight move up, though the downside seems limited. A modest USD bounce from a multi-month low and a…
The Indian Rupee strengthens in Wednesday’s Asian session. The likely RBI intervention and softer US Dollar underpin the INR. The Indian and US CPI inflation…
Trump warns of economic turbulence due to ongoing “period of transition.” US recession fears rise, fueling bets for 80 bps of Fed rate cuts in…
The US Dollar trades broadly flat on Monday as traders mull the economic situation in the US. Fed Chairman Powell commented on Friday the central…
GBP/USD rally stalls near 1.2900 as trade war fears weigh on traders The rally in the Pound Sterling stalled after sustaining three straight days of…
The US Dollar rolls off on Tuesday, adding to the already downbeat day on Monday Traders are selling the Greenback after US imposing tariffs and, meanwhile,…
Gold rallies near 1% on Tuesday after US President Trump said China, Mexico and Canada are too late in avoiding tariffs hitting this Tuesday. Canada…