Share: USD/MXN faced a challenge due to risk-off sentiment. Israel-Hamas war could weigh on the Mexican Peso. Mexico’s Retail Sales declined to 0.4% (MoM) in August, while the annual data grew at 3.2%. Greenback receives upward support on improved US Treasury yields. USD/MXN aims to recover recent losses, trading around 18.2500 during the Asian
German DAX futures +0.3% UK FTSE futures +0.2% This comes as US futures are also seen up 0.2% with a slight opening gap higher, as the events in the Middle East over the weekend were not as bad as feared. That being said, keep an eye out on the bond market as 10-year Treasury yields
© Reuters. Argentina’s presidential candidate Sergio Massa addresses supporters, as he reacts to the results of the presidential election, Argentina October 22, 2023. REUTERS/Mariana Nedelcu By Jorge Otaola and Walter Bianchi BUENOS AIRES (Reuters) – A surprise first place for Argentina’s ruling Peronists in a general election on Sunday could calm market fears about a
Share: Indian Rupee trades firmly, supported by the potential aggressive intervention by the Reserve Bank of India (RBI). A rise in US Treasury yields and higher crude oil prices might cap the upside of the Indian Rupee. Investors will focus on the RBI Forex swap maturity, US economic data. Indian Rupee (INR) posts
Japanese Yen, USD/JPY, US Dollar, BoJ, YCC, Federal Reserve, Crude Oil – Talking Points The Japanese Yen might need a change in Bank of Japan policy to support it Treasury yields remain robust after a small pullback as Fed policy moves into view If USD/JPY trades well above 150, volatility could accelerate Recommended by Daniel
China to hold its financial conference focused on economy, debt risks Goldman Sachs says FX outflows from China in September hit US$75 bln, biggest since 2016 Australian PM Albanese confirms he will meet with Communist Party Chair Xi in China in Nov Chinese police raided the Shanghai offices of a London-based firm, detained an executive
CRUDE OIL, WTI, NATURAL GAS, NG – Outlook The downward correction in crude oil could still be in play. Natural gas is approaching major support area. What is the outlook for crude oil and natural gas and what are the key levels to watch? If you’re puzzled by trading losses, why not take a step
Share: GBP/USD struggles to extend gains as US Dollar rebounds. UK Retail Sales dipped to 0.9% against the expected 0.1% decline. Upbeat US Treasury yields provide support to underpin the Greenback. GBP/USD struggles to continue the winning streak. trading around 1.2160 during the Asian session on Monday. However, the currency pair encountered a hurdle
In the fast-paced world of financial markets, traders are always on the lookout for tools and strategies that can give them an edge. One such tool that has gained significant attention in recent times is the Super Signal V3 MT4 Indicator. This powerful indicator has become a game-changer for traders, helping them make informed decisions
Gold, XAU/USD, US Dollar, Treasury Yields, iShares High Yield ETF, GVZ Index – Talking Points The gold price has backed away from the psychological US$ 2,000 mark While robust Treasury yields remain, US companies are facing a debt squeeze Implied and historical volatility is on the rise. Will XAU/USD break higher? Recommended by Daniel McCarthy
