USD/MXN Approaches 16.60 Mark Before Mexico’s Jobless Rate and Trade Balance Data
INEGI reports a slight expansion in Mexico’s economic activity gauge, rebounding from a two-year low but falling short…
Forex
NZD/USD Seeks Temporary Support Below 0.6000; Downside Remains Likely
The NZD/USD pair found some support at around 0.5990 during the European session on Wednesday, signalling a potential…
ECB’s Muller: We’re closer to point where ECB can start cutting rates
On Tuesday, ECB policymaker Madis Muller indicated that the European Central Bank (ECB) is nearing a stage where…
Gold Price Prediction: XAU/USD Sees Modest Increase Above Mid-$2,100s Amid Geopolitical Tension Risks
Gold prices are showing modest gains, hovering around $2,168 in the early Asian trading session on Monday. The…
US Dollar Could See Modest Upside – BBH
The US Dollar (USD) has recently recovered from its strong gains. Analysts at BBH provide insights into the…
BoJ Minutes: Increasing Likelihood of Achieving Inflation Target
According to the Bank of Japan (BoJ) Minutes from the January meeting, members discussed their perspectives on inflation…
NZD/USD: Bearish Control Persists, Short-Term Recovery Hints Emerge
On the daily chart, indicators show oversold conditions, signaling potential for a rebound. However, the hourly chart suggests…
Scotiabank Predicts Firm Support for GBP/USD Around Tuesday’s Low of 1.2668
GBP/USD experienced a slight slip, but the extent of losses remained limited despite the UK’s Consumer Price Index…
EUR/USD Moves Within Range Ahead of Fed Meeting
Ahead of the Federal Reserve’s meeting on Wednesday, EUR/USD has been fluctuating within the upper 1.0800s range. There’s…
Aussie should be able to make gains again in the coming weeks – Commerzbank
AUD/USD dropped after the Reserve Bank of Australia (RBA) removed its tightening bias. Economists at Commerzbank analyze Aussie’s…