Mexico Second Quarter GDP Misses Expectations, USD/MXN Shrugs Off Data
Mexico's second quarter GDP grew slightly below market expectations, but the recovery continues to strengthen, bolstered by the services sector.
Japanese Yen Outlook: USD/JPY Month-End Bounce to be Capped as Downside Risks Remain
Bond spreads favour lower USD/JPY but watch for month-end recovery.
EUR/USD Pops Above 1.1900 on Better-Than-Expected Euro Zone GDP Data
The first look at Q2 Euro Zone GDP data showed the block growing by a better-than-expected 2% while inflation rose to 2.2% in July
GBP/USD Running Out of Steam as 1.40 Falls in Sight, Focus on US PCE
A strong rally in GBP/USD is losing some momentum as investors are cautious about US PCE data
US Dollar Looking for a Lifeline in PCE Inflation Data
The US Dollar may find a lifeline if June’s PCE inflation data tops expectations, encouraging a rethink of the selloff following this month’s FOMC meeting.
US Dollar Outlook, Prices Stalling? USD/SGD, USD/THB, USD/PHP, USD/IDR
The US Dollar seems to be losing its momentum against ASEAN currencies as of late. Could this be another top in USD/SGD, USD/THB, USD/PHP and USD/IDR?
New Zealand Dollar Outlook: NZD/USD Breaks Higher from Wedge Pattern
The New Zealand Dollar is gaining against the US Dollar after breaking higher from a wedge pattern. Meanwhile, Asia Pacific markets look set to trade Friday on a positive note.
Bitcoin to Boost Coinbase ($COIN) as Robinhood ($HOOD) Flops
Bitcoin price action ($BTCUSD) has propelled higher this week. With crypto outlook sanguine again, Coinbase ($COIN) has potential to outperform Robinhood ($HOOD) following its weak IPO.
Mexican Peso Outlook: USD/MXN Falls On Dovish Fed and U.S. GDP Data Miss
A dovish Fed and a weaker-than-expected U.S. gross domestic product print weighed on the dollar and drove USD/MXN to its lowest level since mid-July.