Share: The Greenback opens higher this Friday though fails to hold on to gains. Traders can let the dust settle in a very light calendar ahead of the festivities next week. The US Dollar Index is steady above 104, though faces some pressure towards the weekend. The US Dollar (USD) gave traders and
AI image The upcoming week features a series of significant economic releases, auctions, and reports that market participants will be watching closely. Monday, November 20 The week kicks off with a Treasury auction of 20-year securities worth $16 billion, an event that will give us insights into market demand for long-term government debt. It comes
Share: Mexican Peso’s advance against the US Dollar halts, with USD/MXN bouncing from recent lows despite broad-based USD weakness. Banxico officials hint at a less restrictive monetary policy yet suggest gradual rate cuts. Upbeat US economic data and Federal Reserve officials’ resistance to early rate cuts propelled the USD/MXN up move. Mexican Peso
US DOLLAR, USD/JPY, GBP/USD, AUD/USD OUTLOOK The broader U.S. dollar regains ground after Tuesday’s selloff Despite today’s moves, the path of least resistance may be lower for the greenback, especially against some of its top peers This article delves into crucial technical levels to monitor for USD/JPY, GBP/USD, and AUD/USD Trade Smarter – Sign up
It is all about the reaction to the US CPI data yesterday and for now, markets are looking calmer so far today. The dollar dropped heavily and may look to be challenged further, with EUR/USD leading the charge as seen here. Meanwhile, equities look poised to extend gains with S&P 500 futures now seen up
© Reuters. Investing.com – The U.S. dollar traded largely unchanged in early European trade Tuesday ahead of the latest inflation data that could determine the path of U.S. monetary policy, while sterling gained as U.K. workers continued to receive healthy wage increases. At 03:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, CAC 40, Nikkei 225 Analysis and Charts Dow breaks trendline resistance The price continued to gain on Monday, moving above trendline resistance from the August highs. This now clears the way for a possible test of the September lower high around 35,000, and then beyond
© Reuters. FILE PHOTO: A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/File Photo By Medha Singh and Lisa Pauline Mattackal (Reuters) – miners are making hay while the sun shines. The business has been yanked out of the doldrums by the
USD/JPY, GBP/USD, AUD/USD FORECAST: The October U.S. inflation report will steal the limelight on Tuesday If actual CPI results deviate from consensus expectations by a wide margin, FX volatility can rise significantly This article explores pivotal technical levels for USD/JPY, GBP/USD and AUD/USD that may act as support or resistance in the coming trading sessions
Share: Economists at Rabobank analyze GBP outlook against USD and EUR. Potential for further downside risks to Cable In view of downside risks to global growth, we expect the USD to remain well supported in the coming months as subdued levels of risk appetite underpin safe-haven assets. This suggests potential for further downside
