USD/MXN with slight bearish bias, and limited weakness above 20.40. Mexican peso loses strength on Wednesday, far from the best. Markets awaiting the decision of the Federal Reserve. USD/MXN is rising modestly on Wednesday ahead of key events and having managed to get back above 20.40. The dollar shows no direction, while the Mexican peso […]
Tag: Foreign exchange
USD/JPY pulls back towards 136.50 after being rejected above 137.00 with eyes on the Fed
The dollar is weak on the day of the Federal Reserve’s decision. The yen with mixed results, without major changes. USD/JPY stalls recovery at major resistance. USD/JPY is falling on Wednesday before the decision of the Federal Reserve. The pair hit highs since Friday above 137.00 hours ago, but then reversed direction and fell to […]
EUR/GBP crashes to 12-day low below 0.8450
The euro under pressure due to the gas crisis and the economic outlook. EUR/GBP falls again to test the 200-day moving average. The EUR/GBP is falling sharply on Tuesday and is racking up three consecutive lows. It is trading around 0.8441, the lowest in almost two weeks. The sharp pullback came from levels near 0.8600, […]
GBP/USD returns below 1.2000 after hitting three-week highs
The dollar rises in the market due to a cautious climate in the markets. The two-day FOMC meeting begins. GBP/USD falls after hitting three-week highs. The GBP/USD is falling on Tuesday, snapping a three-day gain streak in a row. Hours ago, the pair had reached as high as 1.2091, the highest level in three weeks, […]
EUR/USD accelerates drop below 1.0150, euro weakens
The dollar gains momentum in the European session, while Wall Street futures fall. The euro under pressure in the face of the energy crisis. EUR/USD threatens to end multi-day range. EUR/USD is falling on Tuesday and threatens to end several days of sideways moves. The pair first broke below 1.0200 and recently 1.0175, reaching as […]
USD/MXN falls to the 20.40 zone, without clear signals
Emerging market currencies rise on gains in stocks. USD/MXN finds support at 20.40. Fed meeting will be key for the Mexican peso. USD/MXN extended the bearish run on Friday and reached 20.39, the lowest level in almost a week. It then bounced higher to the 20.45 area. The cross moves with a negative bias in […]
EUR/USD gains momentum and approaches the key resistance zone of 1.0280
The dollar is pulling back at the start of the Fed’s week. Equity markets rise pushing the dollar down. EUR/USD appreciates, remains in recent range. The EUR/USD is rising on Monday and climbed to 1.0257, the highest level since Thursday. The pair remains in the area of ​​daily highs, and remains in the recent range, […]
USD/JPY makes new weekly lows and approaches 136.00
The dollar falls on all fronts due to a decline in Treasury bond yields. USD/JPY on track for first weekly decline in eight weeks. The USD/JPY is falling on Friday and headed for the first weekly decline since mid-May. The pair posted fresh one-week lows in the 136.30 area after US data. The USD/JPY weakness […]
EUR/USD trims losses but remains weak after Eurozone and ECB data
Eurozone PMI data plays against the euro. EUR/USD still positive for the week, but far from Thursday’s high. The dollar with mixed results on Friday. EUR/USD fell in the European session to 1.0127, the lowest level in three days. It then bounced higher until meeting resistance in the 1.0170 area. In the previous American session, […]
EUR/USD erases all gains during Lagarde conference
EUR/USD drops more than a hundred pips from the peak. The dollar is gaining momentum, but still without a clear direction. Treasury bond yields fall sharply. The EUR/USD reversed direction after reaching 1.0278, the highest in two weeks, and fell back as much as 125 pips. The pair hit 1.0151, the new low, and then […]
