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...
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...
Pound Sterling Rises as UK Starmer Wins and Fed Rate-Cut Bets Increase
The Pound Sterling is showing strength against the US Dollar as expectations for Federal Reserve rate cuts in September have increased. This positive momentum...
EUR/USD Recovery Continues: Bullish Momentum Intact
The EUR/USD pair continues its recovery, showing bullish momentum as it surpasses the 1.0800 resistance level. A bullish trend line is forming with support...