Mexican Peso rises to a three-week peak as US Dollar drops. Fed rate cut expectations increase with CME FedWatch Tool showing a 43% chance of […]
Tag: gains
EUR/USD gains as soft US PPI renews Fed rate cut size debate
EUR/USD rises as increasing bets of a large cut by the Federal Reserve weigh on the US Dollar. The ECB said it remains data-dependent for […]
EUR/USD trades with mild gains above 1.1050 ahead of German Retail Sales, US PCE data
EUR/USD trades stronger near 1.1080 in Friday’s early Asian session. US GDP expanded more than expected in Q2. Cooling inflation from Germany and Spain support […]
Japanese Yen gains ground after inflation data, BoJ Governor Ueda’s speech
The Japanese Yen appreciates following the speech from the BoJ Governor Kazuo Ueda. Japan’s National CPI rose by 2.8% YoY in July, remaining at its […]
US Dollar gains and shakes off FOMC losses
The US Dollar strengthens post-FOMC decision with market participants setting their sights on Friday’s Nonfarm Payrolls data. In spite of signs of disinflation, the US […]
USD/CAD consolidates its gains above 1.3650, eyes on Canadian CPI, US Retail Sales data
USD/CAD trades flat with mild losses near 1.3680 in Tuesday’s early Asian session. Fed’s Powell said the central bank will not wait until inflation hits […]
US Dollar gains cleared out post PCE data
US Dollar saw a slight dip at the end of the week, clearing daily gains. US Dollar finds support amid high US Treasury yields. May’s […]
AUD/USD gains some ground post NFPs losses, eyes on Fed, CPI
AUD/USD rebounded on Monday as sellers took a breather. All eyes are now on Wednesday’s session where the US releases inflation figures and the Fed […]
Mexican Peso post gains against US Dollar ahead of AMLO-Sheinbaum’s reunion
Mexican Peso erased its earlier losses yet remains fragile after hitting 14-month low of 18.65 earlier. Political turmoil in Europe and Mexico’s domestic reforms contribute […]
Gold maintains gains after ECB’s decision to cut interest rates
Gold trades higher as bets the Fed will cut rates in September remain elevated despite strong US service sector data. The BoC and ECB have […]