The dollar with mixed results on Thursday after Fed minutes. The euro adds to the general consolidation. EUR/USD between 1.0140 and 1.0200. EUR/USD is trading flat from Wednesday’s close. Since the American session on Tuesday, the pair has been trading sideways between 1.0140 and 1.0200. The financial markets on Thursday do not present significant variations, […]
Tag: Foreign exchange
USD/CHF rises to 1-week highs near 0.9550
DXY rises 0.27% and approaches 107.00. Swiss franc also falls against the euro, the yen among the worst. USD/CHF recovers from the 200-day moving average to the 20-day moving average. The USD/CHF pair is rising for the fourth day in a row on Wednesday and trade in the area of ​​highs in a week at […]
USD/MXN accelerates to the upside and exceeds 20.00, reaches a maximum in one week
The Mexican peso continues to decline against the dollar in the face of a cautious climate in the markets. USD/MXN continues to rebound from lows in months. US retail sales mixed results, focus shifts to Fed minutes to be released in hours. USD/MXN is rising for the second day in a row and is back […]
USD/JPY breaks above 135.00 and hits one-week highs
Widespread fall in sovereign bonds weakens the yen. Japanese currency fails to get support even despite decline in equity markets. USD/JPY recovers 135.00 and the 20-day moving average. The USD/JPY is making steady progress and is trading at 135.25, the highest level in a week. The pair remains in the high zone ahead of the […]
USD/MXN rises and approaches 20.00 on a stronger dollar
The dollar continues to recover ground on all fronts. USD/MXN moves away from lows in months. USD/MXN is trading near daily highs at 19.94, bouncing back after finding support in the 19.80 area. The rebound comes after several days with consecutive falls, which reached a minimum in two months. The current advance has more to […]
USD/JPY rises to six-day highs near 134.50
Dollar advances throughout the market, DXY approaches 107.00. USD/JPY is close to the 20-day moving average. Ahead: US industrial production and housing starts data. The USD/JPY is having the best day in over a week on Tuesday. The pair rose to 134.48, reaching the highest level since August 10. In the previous American session, it […]
EUR/CHF falls to record lows below 0.9700
The Swiss franc is gaining momentum in the last few hours. EUR/CHF in historical low zone. Inflation rate differential between Switzerland and the Eurozone favors the franc. EUR/CHF broke below 0.9700 and fell to 0.9668, marking a record low. The pair remains under pressure and with no signs of recovery at the moment. The EUR/CHF […]
USD/MXN remains in the low zone in weeks below 20.00 after Banxico
Bank of Mexico raises interest rate and suggests that there will be more. Mexican peso rises for the fifth consecutive day against the dollar. USD/MXN tests 19.90. The USD/MXN is falling for the fifth day in a row, after Banxico’s interest rate hike. The pair is trading in the lows of the week around 19.90, […]
EUR/USD returns below 1.0300 on dollar strengthening
The dollar gains momentum and cuts weekly losses. EUR/USD still bullish in the short term, but with less momentum. Upcoming Economic Report: US Consumer Confidence for August. The EUR/USD is trading in the daily low zone below 1.0290. The decline occurs before a general strengthening of the dollar in the European session. DXY is rising […]
GBP/USD accelerates the fall towards 1.2100, the pound the worst in the G10
The pound among the worst performers among the G10 group on Friday. The dollar improves the tone at the end of the week. GBP/USD erases most of weekly gains. GBP/USD accelerated the downside and fell to 1.2117, posting a new two-day low. Hours ago the pair was trading above 1.2200. The pound weakened on all […]
