The Mexican central bank is unlikely to cut interest rates again at Thursday’s meeting, but nothing can be ruled out and that leaves USD/MXN likely to push higher
GBP/USD is trading modestly lower after a labor-market report showing that the UK unemployment rate has dipped to 5% rather than rising as analysts had predicted.
The recent resilience of the EUR/USD exchange rate may begin to fade in the face of renewed lockdown measures in Germany and a cumbersome rollout of coronavirus vaccines.
Silver and gold prices are at risk as a drop in Chinese stocks dims sentiment, boosting the US Dollar. Ahead, eyes are on Treasury auctions and testimony from Powell and…
The Swiss Franc's technical backdrop against the Japanese Yen and Euro reveals key technical levels that may give way to further movement amid a bearish fundamental backdrop for the safe-haven…
The Japanese Yen could have some room to gain in the near-term as USD/JPY, EUR/JPY, NZD/JPY and CAD/JPY consolidate. That said, its dominant downtrend may still hold down the road.
Tech led the rebound in stocks on Wall Street as the 10-year yield retreated below the 1.70% mark. Asia Pacific equities look set to follow this positive lead higher. Powell’s…