USD/MXN: Inability to cross the 17.42/17.55 hurdle would mean continuation in decline – SocGen
Mexican Peso (MXN) bucked weaker LatAm trend in the first week of 2024. Economists at Société Générale analyze…
Forex
Silver Price Analysis: XAG/USD hangs near multi-week low, seems vulnerable below $23.00
Silver (XAG/USD) extends Friday's retracement slide from the mid-$23.00s and continues losing ground through the early part of…
EUR/USD ends NFP Friday near where it started after rejection from 1.1000
The EUR/USD fell to a three-week low on Friday after European inflation rebounded higher in December, with the…
EUR/GBP stretches lower to near 0.8610 on downbeat German Retail Sales data, HICP eyed
EUR/GBP has almost retraced its recent profits, losing ground near 0.8610 during the European session Friday. The Euro…
NZD/USD Price Analysis: Improves to near 0.6280, focus on US jobs data
NZD/USD retraces its recent losses, trading higher around 0.6280 during the European session on Thursday. However, the NZD/USD…
Pound Sterling trades sideways ahead of UK factory data
The Pound Sterling (GBP) trades back and forth inside Friday’s range as investors are gradually returning to the…
USD/JPY pinned to the low side near 141.00 as markets close out 2023
The USD/JPY is back into the 141.00 handle as the pair struggles to accelerate momentum in either direction…
Gold Forecast: Looks for Higher Levels
At the end of the day, Friday’s rally in gold indicates its potential for further upward movement.
BTC/USD Forex Signal: Bitcoin Wavers as Santa Rally Fades
Bitcoin price remained in a consolidation mood during the Christmas weekend as traders waited for the next big…
US Dollar finds a foothold ahead of PCE inflation data
The US Dollar (USD) continued to weaken against its rivals on Thursday, with the USD Index touching its…