Share: The Euro maintains the bullish stance against the US Dollar. European stocks trade mostly on the defensive on Monday. ECB President Christine Lagarde to speak later in the session. The Euro keeps the bid bias unchanged against the US Dollar, motivating EUR/USD to flirt with the area of recent peaks around 1.0960 at the beginning of
Share: Indian Rupee loses ground on the renewed US Dollar demand on Monday. The Reserve Bank of India (RBI) anticipated a 6.5% expansion in the Indian economy from July to September. Indian GDP data (Q2) and US growth numbers (Q3) will be the highlight this week. Indian Rupee (INR) edges lower on Monday
Share: Mexican Peso extends its rally, capitalizing on a weaker USD. Mexico’s GDP growth aligns with expectations and might refrain Banxico’s officials from easing monetary policy. Mixed US economic data, with improving business activity but a downturn in Manufacturing PMI, weighed on the USD/MXN pair. Mexican Peso (MXN) is set to finish the
Share: The DXY Index declined to 103.45, a 0.30% loss. The index will tally a 0.30% weekly loss as well. S&P PMIs showed a mixed outlook, with the manufacturing sector weakening and the service sector expanding. The US Dollar (USD) is receding on Friday with the DXY index, which measures the value of