The dollar gains momentum, despite low Treasury bond yields. Wall Street futures and European markets fall. AUD/USD tests the area of ​​recent lows. AUD/USD is trading at 0.6765, just above 0.6759, which is the lowest level in two years that it reached last week. The pair fails to recover ground and remains under pressure. The […]
Tag: Foreign exchange
USD/MXN falls to three-day lows, Mexican peso strengthens
Mexican peso strengthens on Friday. USD/MXN accelerates the bearish correction below 20.40. US labor market with better than expected figures in June. USD/MXN is falling for the second day in a row and is trading at 20.39, the lowest in three days. The dollar loses strength after the US employment data. firmer mexican peso Equity […]
USD/JPY expects employment report below 136.00 after Abe’s murder
The dollar loses strength after setting new highs in years. Equity markets in positive, with modest gains. Japan in shock after assassination of former prime minister. The US employment report for June is coming. Stocks in Europe are rising on Friday, while futures on Wall Street alternate gains and losses. Traders await US jobs report […]
EUR/USD bounces off 1.0100 after falling to new lows, focus on NFP
EUR/USD trims losses after marking a new low in almost 20 years. The general downward pressure remains intact for the euro. At 12:30 GMT the US employment report is released. EUR/USD trimmed losses in the last few hours as the dollar fell in the market and rose back above 1.0100. Earlier the pair had fallen […]
USD/MXN falls for the first time in five days on a rebound in markets
Rise in the stock markets takes pressure off emerging currencies. USD/MXN falls from maximum in four months. Inflation in Mexico at 7.99%, a level not seen since January 2001. USD/MXN is pulling back on Thursday, making a downward correction after rising to 20.78 on Wednesday, the highest level since mid-March. It trades around 20.60, having […]
EUR/GBP Hits 3-Week Lows Below 0.8500 on Johnson’s Resignation
Prime Minister Johnson will step down as leader of the Conservative Party. The pound advanced in the market due to an easing in the climate of political tension. EUR/GBP confirms short-term trend line break. EUR/GBP broke below 0.8530 and fell to 0.8491, hitting the lowest intraday level since June 10 after news broke that Johnson […]
GBP/USD Surpasses 1.2000, Pound Strengthens on Johnson Exit
The prime minister is expected to announce the resignation on Thursday. The pound gains ground in the market after the news. GBP/USD rises to two-day highs. The GBP/USD returned above 1.2000 and climbed to 1.2022, the highest level in two days after learning that the Prime Minister of the United Kingdom, Boris Johnson will resign […]
USD/MXN continues to advance and tests monthly highs at 20.70
Emerging market currencies under pressure from falling commodity and equity prices. Mexican peso far from the worst, but almost at a four-month low against the dollar. USD/MXN with sights on 20.70. USD/MXN is rising for the fourth day in a row and hit as high as 20.70, matching the June high. If it exceeds this […]
EUR/USD extends decline to new lows in almost 20 years near 1.0200
Recession fears in the Eurozone and the US maintain a cautious climate in the markets. EUR/USD falls for the fourth day in a row and trades at levels not seen since December 2002. After a period of consolidation and range-trading, the EUR/USD resumed its downward run and hit a new low in nearly two decades […]
EUR/GBP falls to two-week lows at 0.8550 area on euro weakness
The euro falls throughout the market on Tuesday due to a combination of factors. EUR/GBP falls to 0.8542, the lowest since June 17. GBP/USD fall below 1.2000, favors rebound of the cross. The EUR/GBP fell from 0.8610 to 0.8542, the lowest level in two weeks, as the euro retreated across the board. The common currency […]
