Share: Mexican Peso gains as US Nonfarm Payrolls expand by only 150K, missing the 180K forecast. Weak US jobs report fuels speculation of multiple Fed rate cuts in 2024, as futures markets indicate. USD/MXN reacts to US labor market cooling, with the Peso hitting a two-month high and US Dollar Index falling. Mexican
XAU/USD, XAG/USD PRICE FORECAST: MOST READ: S&P 500 and Gold (XAU/USD) Take Diverging Paths Ahead of a Raft of Data Releases Gold prices fell to a low of around $1990/oz in the Asian session before a bounce in the European session has resulted in the precious metal regaining the $2000/oz handle. There is however quite
USD/JPY PRICES, CHARTS AND ANALYSIS: Most Read: S&P 500 and Gold (XAU/USD) Take Diverging Paths Ahead of a Raft of Data Releases The Yen has put in two consecutive days of gains against the greenback for the first time since August. A sign of the pressure the Japanese currency has been under for a large
© Reuters Investing.com – The U.S. dollar edged higher in early European trade Monday, retaining last week’s strength at the start of a week that includes several central bank meetings, most importantly by the Federal Reserve, as well as a slew of important economic data releases. At 03:20 ET (08:40 GMT), the Dollar Index, which
Share: Pound Sterling trades in a tight range as investors eye BoE monetary policy decision for further action. The BoE is expected to keep interest rates unchanged amid easing labor market conditions and subdued retail demand. Deepening Middle East tensions dent demand for risk-perceived assets. The Pound Sterling (GBP) struggles to find a
China finance ministry readout: Two sides had in-depth, candid and constructive discussions on the macroeconomic situation and policies of the two countries and the world China expressed its concern, both sides will maintain communication Two sides also had discussions on bilateral economic relations, and cooperation in addressing global challenges – There are significant and ongoing
Euro (EUR/USD, EUR/GBP) News and Analysis Recommended by Richard Snow Get Your Free EUR Forecast Bundesbank Hints that German Economy Likely Shrunk in Q3 Germany’s Bundesbank produced a monthly report pointing towards the likelihood of another quarterly contraction as industrial production and weakening consumption plagues Europe’s largest economy. The report comes ahead of flash German
© Reuters The US dollar experienced a rally this week, buoyed by rising yields and persistent investor concerns over inflation, according to recent market data. This surge has led to a decline in equities and the Euro-US dollar () exchange rate falling below 1.06. The latest US inflation data did little to alleviate these fears
Kazuo Momma is a recent ex-Bank of Japan official, was the executive director in charge of monetary policy, and is now a senior economist at Mizuho Research & Technologies. He says Bank of Japan board members will likely discuss whether to tweak forward guidance along with the yield curve control mechanism when they meet next,
According to Reuters, 4 sources are saying that: OPEC+ ministerial panel unlikely to recommend output policy change at October 4 meeting This is as expected. This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز
