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Mexican Peso gains despite Moody's negative outlook

The Mexican Peso recovered some ground against the US Dollar during the North American session, shrugging off Moody's adjustment on Mexico's credit outlook and upbeat US Retail Sales data.
New
update2024.11.16 04:41

Dow Jones Industrial Average tumbles over 350 points on Friday

The Dow Jones Industrial Average (DJIA) trimmed it's recent bull run, declining over 350 points and giving back roughly 0.85% as investors grapple with an increasingly uncertain future.
New
update2024.11.16 04:28

Fed's Goolsbee: The Fed needs to focus on longer trends.

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Friday that markets tend to overreact to interest rate changes, and that the Fed should maintain a slow and steady approach to reaching the neutral rate.
New
update2024.11.16 04:11

US Dollar eases five-day winning streak on profit-taking

The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, failed to secure a sixth consecutive day of gains in a volatile trading Friday.
New
update2024.11.16 03:27

GBP/USD Price Forecast: Stumbles on soft UK data, bears target 1.2600

The Pound Sterling extends its agony and printing losses for the sixth straight day against the Greenback.
New
update2024.11.16 01:30

Fed's Collins: I don't see a big urgency to lower rates

Federal Reserve (Fed) Bank of Boston President Susan Collins hit the wires on Friday, downplaying pressures for continued rate cuts in the near term, but also keeping a steady hand underneath market expectations of a rate trim in December.
New
update2024.11.16 01:25

EUR/JPY Price Analysis: Pair finally broke down below support and fell towards 163.00.

The EUR/JPY currency pair witnessed a significant decline on Friday, losing 0.72% to reach a low of 163.10.
New
update2024.11.16 01:13

USD/CHF Price Forecast: Reaches overbought levels

USD/CHF continues rising in its established uptrend but it has now reached overbought levels (above 70) according to the Relative Strength Index (RSI) momentum indicator.
New
update2024.11.16 00:00

EUR/JPY Price Prediction: Threatening to reverse the trend and extend its decline

EUR/JPY is threatening to reverse its medium-term uptrend and begin a new downtrend.
New
update2024.11.15 23:35

US: Retail Sales rose by 0.4% MoM in October

The US Census Bureau reported that Retail Sales expanded by 0.4% in October vs.
New
update2024.11.15 23:29

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