Tag: Currency
Mexican Peso Drops to Two-Week Low as USD/MXN Stays Near 18.50
The Mexican Peso has experienced some ups and downs against the US Dollar recently, with a weekly decline of over 2%. The Federal Reserve's...
Forexlive Americas FX News Wrap: Rebound Day with AUD Higher, CHF Lower, and Stocks...
US stocks closed the week with gains, with the S&P and Nasdaq lower for the week. Next week is expected to be a big...
USDCHF Bounces Amid Decreased Flight to Safety – Key Levels Ahead | Forexlive
The USDCHF experienced a downward trend this week due to investors seeking safety amid a sell-off in the stock markets. This movement caused the...
USDJPY Hits Lowest Level Since May 16 | ForexLive Trading Update
The USDJPY currency pair has been on a downward trend and has reached its lowest point since May 16. This decline has caused the...
European Economic Calendar: What to Expect in Today’s Trading Session
It's been a rather uneventful summer for the markets lately, with this week starting off on a quiet note that is typical for this...
Yen Verbal Intervention: Hayashi Refuses to Comment on FX | Forexlive
Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It involves leverage, which can increase the risk of...
Fed Rate Cuts Expected to Cause Dollar Plunge – Market Analysis
The Dollar saw a significant decline last week as market expectations for the Federal Reserve’s policy shifted, making a rate cut in September almost...
Mexican Peso Strengthens on Positive Inflation Data
The Mexican Peso saw a significant increase in value as the USD/MXN pair dropped below 18.00. This surge was driven by the positive inflation...
Euro’s Response to Falling Investor Confidence – Action Forex
The euro is not moving much today. It is currently trading at 1.0819 against the US dollar, which is a slight increase of 0.05%.
Investor...
AUDUSD Traders Testing Close Support, More Work Needed for Breakout
AUDUSD traders are currently testing close support levels between 0.67278 and 0.6738. Despite some fluctuations, the price has managed to stay above the lower...