The Pound will continue to weaken in the coming months and throughout 2024 – HSBC
In the opinion of HSBC economists, Both internal and external factors point to
USD/MXN near two-week high at 17.5580, awaiting US PCE and Banxico decision
USD/MXN strengthens due to the release of encouraging US economic data on Tuesday.
EUR/USD Price Analysis: Extends decline towards 1.0550 amid oversold RSI
EUR/USD loses traction and falls to 1.0550 area; remains below the 50 and
USD/JPY Price Analysis: Holds around 149.00, aligned with high since November
USD/JPY finds bullish support due to US economic data. Momentum indicators suggest a
GBP/USD now targeting 1.2100 – UOB
Further weakness could drag GBP/USD towards the 1.2100 area in the coming weeksaccording
EUR/USD: A drop to 1.0515 appears to be coming – UOB
UOB Group Markets Strategist Quek Ser Leang and Senior Currency Strategist Peter Chia
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