Markets

USD/CAD hits a two-year high and now appears to have entered a bullish consolidation phase. An intraday move higher in

EUR/USD maintains the selling trend on Wednesday. The dollar is trading near the highs of the previous 20 years, near

USD/TRY hits new all-time highs north of 18.30. The Fed is expected to raise rates by 75 basis points later.

USD/MXN in consolidation mode. Markets awaiting the decision of the Federal Reserve. Next week is Banxico’s turn. Financial markets are

NZD/USD falls to its lowest level since April 2020 amid sustained USD buying interest. US Bond Yields Pullback, Risk Appetite

USD/JPY gains some positive traction for the third day in a row amid broad dollar strength. Policy divergence between the

Silver regains positive momentum on Wednesday and hits daily highs. The technical setup supports the prospects for a breakout through

EUR/USD remains under pressure and falls below 0.9900. The 2022 low is located at 0.9863 (September 6). EUR/USD deepens its

EUR/JPY is under downward pressure and reaches levels below 142.00. Next on the upside comes the 2022 high at 145.63.

DXY continues to advance and flirts with the 111.00 area. The FOMC event will test the ongoing upside move. The