Markets

USD / MXN rises for the second day although it remains close to 21.00 and with a downward bias

Unclear market outlook weighs on emerging currencies. USD / MXN advances, but technically bearish bias predominates although it needs to

Change in US Construction Permits rises from the previous -0.9% to 5.2% in September

The Mexican peso rises against the US dollar, continues to recover from the losses due to Urzúa’s resignation. USD /

Willing to step up Brexit negotiations with the UK

The European Commission has made an official statement on Brexit, showing the willingness to intensify talks with the UK. For

AUD / USD could head towards September low at 0.7006 – Commerzbank

Karen Jones, Technical Analysis Research Team Leader at Commerzbank, maintains a bearish bias against the Aussie as AUD / USD

USD / CHF falls to 1-month lows around 0.9070 amid USD weakness

USD / CHF is witnessing some continuation selling for the second day in a row on Tuesday. Uncertainty about US

Additional gains expected above 1.1830

EUR / USD regains momentum and breaks above 1.1800. Continuation of buying pressure points to 1.1830 before 1.1900. EUR /

USD / CHF would target recent low at 0.8998 to lose 0.9048 – Commerzbank

Karen Jones, Technical Analysis Research Team Leader at Commerzbank, is closely watching the USD / CHF low of 0.9048 in

Monetary policy bias is towards the introduction of more stimulus – Vlieghe

On Tuesday, Bank of England (BoE) policy officer Gertjan Vlieghe said that considering the outlook, the bias is towards the

More significant pullback could lead to a retest at 93.00

The DXY remains on the defensive and gradually approaches 93.00. A break of 93.00 would put the 92.70 region back

EUR / USD surpasses 1.1800 and marks highs in a week

Euro gains momentum on Tuesday and appreciates in the market. EUR / USD aims to test the October highs. He

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