Markets

NZD/USD remains trapped as Kiwi bulls seek bullish momentum. The market in general continues to bet on the USD. Upcoming

The USD/MXN pair is down 0.30% to 17.5300 as Mexico’s inflation eases to 4.64%, meeting market expectations and signaling a

USD/JPY fell more than 0.30% towards 147.20. Initial jobless claims for the first week of September were lower than expected.

USD/CAD rose 0.35% to 1.3675 after US jobless claims fell below estimates, putting pressure on the Fed to focus on

The British Pound is facing significant pressure as the Bank of England seems reluctant to raise interest rates further. BoE’s

Wells Fargo analysts have brought forward the start of the Federal Reserve’s rate cuts from May 2024 to March. They

Silver price plunges to $23 as US labor market continues to hold up. Second quarter unit labor costs in the

USD/MXN reaches three-month highs at 17.70 at the European open but falls to 17.40 at the start of the American

EUR/USD breaks below the key support at 1.0700. Next, to the downside, the May low is aligned in the 1.0630

The DXY continues to advance and breaks through the 105.00 level. The continuation of the march now points to the