Tag: Currency
Mexican Peso Faces Pressure Ahead of Retail Sales Data Release
The Mexican Peso experienced a slight decline against the US Dollar after making gains over the past five trading days. Currently, the USD/MXN pair...
USD/INR Exchange Rate Rises Despite Weak US Retail Sales
The Indian Rupee (INR) saw a decline on Wednesday, despite the weaker US Dollar (USD) in the market. Investors are closely watching the ongoing...
Mexican Peso Strengthens Following Positive Economic Data
The Mexican Peso has been trading in a tight range on Tuesday as it bounces back from the sell-off that occurred after the elections....
Mexican Peso Weakens Amid Support for Judicial Reform: What Investors Need to Know
The Mexican Peso faced a slight decline against the US Dollar on Monday, dropping by 0.29% as investors turned risk-averse due to weak economic...
Euro Stable as Market Anxiety Eases – Action Forex
The euro remained stable on Monday, with EUR/USD trading at 1.0714, up 0.10% on the day. The recent market anxiety triggered by the upcoming...
New Zealand Dollar Decline: Forex Market Analysis and Strategies
The New Zealand dollar is facing pressure from the strong US dollar, following the Federal Reserve's updated forecasts last week. Stock market expectations suggest...
Australian Dollar: On Defensive Near 0.6600 as Fed Plans Rate Cut
The Australian Dollar (AUD) continued its decline for the third day in a row on Monday, mainly due to the strengthening US Dollar (USD)....
Australian Dollar weakens ahead of RBA decision
The Australian Dollar (AUD) weakened against the US Dollar (USD) as markets anticipated the Reserve Bank of Australia's (RBA) decision next week. Despite strong...
Egypt’s net foreign assets deficit contracts $586m in April
Egypt's Net Foreign Assets Deficit Contracts $586m in AprilEgypt's net foreign assets (NFAs) deficit contracted by $586m in April, marking the third consecutive month...
Breaking Financial News
X’s New Terms of Service Causing Users to Leave Elon Musk’s...
Elon Musk's platform, X, has recently implemented new terms of service that have caused some users to leave the microblogging platform. These new terms...
