Mexican peso remains firm against the dollar. Rise in the stock markets and general weakness of the dollar take the USD/MXN below 20.00. The USD/MXN is falling again, accumulating four days in a row. The pair is back below 20.00 and closing below could suggest more downside ahead. On Thursday the pair hit new lows […]
Tag: Foreign exchange
EUR/USD approaches 1.0350 ahead of new US inflation data.
The dollar falls in the market again, although at a moderate pace. Steady Treasury yields on Thursday. New US inflation data is coming: the Producer Price Index. The EUR/USD regained its smile in the European session and rose from 1.0274 to 1.0342, marked a new high for the day. The pair remains near the maximum […]
USD/MXN plummets to 1.5-month lows below 20.00
USA: annual inflation falls more than expected in July. The dollar has abruptly fallen after the data. USD/MXN goes from 20.20 to 19.97. The USD/MXN fell sharply on Wednesday after the release of July inflation data from the United States. The pair fell below 20.00 for the first time since late June. The dramatic decline […]
The dollar collapses after US inflation data.
Annual inflation falls more than expected in July in the US. DXY falls sharply and is posting its biggest daily decline in months. Treasury yields fall to daily lows. The dollar experienced a fall rarely seen in recent months, after the US inflation figure for July. DXY went from above 106.00 to fall below 105.00, […]
USD/CAD makes highs near 1.2880 but remains close to recent range
The dollar with mixed results on Tuesday, before US inflation data. Oil prices rise more than 1%. USD/CAD with limited ranges and support above 1.2830. The USD/CAD is trading at daily highs in the 1.2880 zone, despite the fact that the dollar presents mixed results and the rise in the price of oil. The pair […]
USD/MXN falls to 20.20, the lowest in a month
Mexican peso continues to advance against the dollar. USD/MXN with a negative bias, targeting the 200-day moving average. Inflation in Mexico rises more than expected in July, annual rate reaches 8.15%. USD/MXN is falling again on Tuesday and is trading at 20.20, the lowest level in a month. Emerging market currencies are advancing against the […]
EUR/USD rises to the 1.0250 area, driven by dollar weakness
Relatively calm markets favor limited tours. The EUR/USD advances supported by a general fall in the dollar. Bullish momentum loses steam after approaching 1.0250. The EUR/USD is rising on Tuesday, although it has moderated the advance after reaching as high as 1.0247, the maximum in two days. It is trading below 1.0230, after paring gains. […]
USD/MXN falls to one-week lows below 20.30
Mexican peso starts the week positive due to better weather in the markets. Dollar loses strength after Friday’s rally, in the context of rising stocks and bonds. USD/MXN tests levels below 20.30, ahead of the 200-day moving average. USD/MXN is falling on Monday and recently fell as low as 20.25, the lowest level in a […]
EUR/USD no clear direction, remains near 1.0200
The dollar loses strength after the rally on Friday after the employment data. Calm start to the week in terms of data. EUR/USD remains sideways, with a downward trend. EUR/USD is trading around 1.0185 on Monday with modest gains. Hours ago the pair climbed to 1.0214 but then pulled back finding support at 1.0170. The […]
USD/CAD hits two-week highs ahead of US and Canada employment report.
The dollar posts modest gains across the market ahead of key events. July employment report is coming from Canada and the US. USD/CAD is close to 1.2900, although it will all depend on the data. The USD/CAD is rising on Friday ahead of Canadian and US employment data. and trades at 1 1/2 week highs […]
