Mexico peso to pare recent gains but be kept firm by tight policy: Reuters poll By Reuters
© Reuters. Three twenty pesos coins are seen, as Mexico’s Central Bank (Banco de Mexico) puts into circulation a twenty pesos coin which commemorates the 100th anniversary of the arrival of the Mennonites to the country, in this picture illustration taken August 9, By Gabriel Burin BUENOS AIRES (Reuters) – Mexico’s peso is set to […]
WTI stays firm at around $74.00 despite a strong US Dollar
Share: Western Texas Intermediate recovers some ground even though the US Dollar remains buoyant. IEA’s Director commented that China’s reopening would drive oil prices. WTI Technical Analysis: Triple bottom looms around $72.50. US crude oil benchmark known as Western Texas Intermediate (WTI) records minimal gains after diving toward an eight-week low at $72.30 […]
1.2300 Handle Holds Firm as Markets Take a Breather Before the FOMC Meeting
GBP/USD PRICE, CHARTS and ANALYSIS: Recommended by Zain Vawda Download the Updated Q1 Forecast for the US Dollar Most Read: GBP/USD Technical Outlook: Short-term Range Intact GBP/USD FUNDAMENTAL BACKDROP Cable failed to recover any ground surrendered to the greenback yesterday, as sideways price action dominated the Asian and early European sessions. Yesterday’s selloff in GBP/USD […]
Dollar cautiously firm ahead of busy central bank week By Reuters
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Rae Wee SINGAPORE (Reuters) – The dollar firmed on Monday and distanced itself from an eight-month trough ahead of a slew of central bank meetings this week, including the Federal Reserve’s, with traders keenly focused […]
Remains firm around 0.9210 after hitting a high shy of 0.9240
USD/CHF is downward biased but subject to a mean reversion move towards 0.9300. Solid resistance lies at 0.9235/40, with the confluence of technical indicators rejecting the USD/CHF rally. USD/CHF Price Analysis: Bulls are hopeful if the pair remains above 0.9158. After slumping on Wednesday, the USD/CHF stages a comeback recovering the 0.9200 psychological level, eyeing […]
FBI says N. Korea-related hacker groups behind U.S. crypto firm heist By Reuters
© Reuters. FILE PHOTO: A North Korean flag flutters at the propaganda village of Gijungdong in North Korea, in this picture taken near the truce village of Panmunjom inside the demilitarized zone (DMZ) separating the two Koreas, South Korea, July 19, 2022. REUTER (Reuters) – Two hacker groups associated with North Korea, the Lazarus Group […]
BoJ Stands Firm, CPI Up Next!
The BoJ maintained its stance on interest rates as many Yen pairs jumped in the early session. Over in the UK, inflation is still heightened as the cost of living remains close to a 40-year high. Inflation fell to 10.5% in the year to December, compared to 10.7% in November. Timestamps USDJPY 01:40 GBPUSD 03:00 […]
Equities Stall but Bulls Stand Firm
Dax, Dow Jones, FTSE Outlook: Dow Jones outlook weighed down by Goldman Sachs earnings – DJI uncertain around 34,000. FTSE 100 trades flat as narrow range forms below the all-time high. Dax 40 futures remain optimistic despite technical headwinds Recommended by Tammy Da Costa DailyFX Analysts Discuss Their Q1 Equity Outlook Dax 40 Outlook: In […]
Dollar, euro hold firm ahead of U.S. inflation, ECB in focus By Reuters
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Joice Alves LONDON (Reuters) – The U.S. dollar and euro held firm on Wednesday as traders assessed European Central Bank’s latest statements and waited to see whether data due this week will confirm that U.S. inflation […]