Share: EUR/JPY touches a four-day high of 158.26, buoyed by a sharp rally in EUR/USD, before settling around 158.05. Despite breaching the Ichimoku Cloud, immediate resistances at 158.47 and 158.65 cap further upward momentum. Potential downside could see the pair target 156.45, with further declines possibly testing the October 3 low of 154.34.
Share: Mexican Peso appreciates more than 0.60% but fails to break support at the 20-day SMA. Mexico’s economic budget saw increased welfare pensions equivalent to 1.4% of the GDP. USD/MXN consolidates in the mid-North American session at around 17.40s. The Mexican Peso (MXN) remains firm versus the US Dollar (USD) on an improvement
Share: US Dollar weakens across the board after NFP. Nonfarm Payrolls rise by 187,000 in July, below the 200,000 of market consensus. USD/CHF falls for the second day in a row, still up for the week. The USD/CHF reached a four-day low at 0.8699 on Friday, following the release of US jobs data.
