The dollar gains momentum throughout the market. After the meeting of the Bank of Japan, data from the US and the ECB are coming. USD/JPY takes a close look at highs in years. The USD/JPY is rising on Thursday and is posting a greater than 150 pip bounce from Tuesday’s low. The rises occur after […]
Tag: Foreign exchange
USD/MXN pulls back from daily highs at 20.50
Emerging market currencies without clear direction on Wednesday. Mexican peso stabilizes around 20.50. USD/MXN starts to form important support around 20.40. USD/MXN is trading around 20.50, after hitting highs since Friday at 20.59. On Tuesday the cross bottomed at 20.31 before bouncing higher. The area around 20.40 has become an important support, where the 20 […]
EUR/GBP remains in a range above 0.8500, with various sources including the ECB
EUR/GBP consolidates in the area of ​​highs in days, but without extending advance. Inflation in the United Kingdom sets new highs. The ECB is coming on Thursday. The EUR/GBP is trading range-bound and stable despite a host of ongoing events centered in Europe. The cross reached as high as 0.8540, the highest since July 7, […]
EUR/USD breaks range and falls to 1.0170 as the dollar rises
Rise of the dollar cuts with the tours in ranges in the foreign exchange market. EUR/USD with bearish intraday bias, still close to recent highs. ECB decision on Thursday, next week the Fed. The EUR/USD broke out of the range between 1.0220 and 1.0270, and quickly fell to 1.0171, marking a new low for the […]
USD/MXN falls to 20.23, the lowest in almost two weeks
Mexican peso and emerging market currencies rise Monday on better weather. USD/MXN extends the correction to the 20.30 zone. USD/MXN is falling again on Monday and hit the lowest level since July 5 at 20.32. Days ago the crossing had come to operate around 9:00 p.m. The better climate in the markets and a general […]
EUR/GBP falls below 0.8470, at the start of a busy week
The pound started with rises, due to a better mood in the markets. Political crisis in Italy and ongoing UK succession. ECB and UK labor market data ahead. The EUR/GBP is sliding lower on Monday, having hit a one-week high above 0.8500 on Friday. The cross is trading at daily lows at 0.8465, moving with […]
EUR/USD rises to one-week highs above 1.0150
The dollar falls in the market due to a better climate. EUR/USD extends the recovery and gives positive signs. Expectation revolves around corporate results and the ECB meeting. The EUR/USD extended the bull run that started on Friday and climbed to 1.0175, reaching the highest level in a week. In this way, the euro continues […]
USD/MXN remains above 20.65 and for now, away from 21.00
Mexican peso gets a break from dollar correction. USD/MXN continues with a dominant upward trend, sideways in the very short term. Support at 20.65/70, resistance remains at 20.90. The USD/MXN is falling on Friday due to a weakening of the dollar in general and a rise in the markets in general. The better mood is […]
EUR/USD rises to two-day highs, although not far from parity
The euro gets relief despite the Italian political crisis. The dollar corrects downwards from maximums in years. EUR/USD remains above parity, avoiding further downward pressure for the time being. EUR/USD is rising on Friday ahead of major US data releases. The pair traded above parity all day and recently hit a two-day high at 1.0059. […]
EUR/USD decisively breaks below 1.0000 to lows since December 2002
EUR/USD breaks below parity and accelerates. The negative outlook for the pair remains. The dollar firm throughout the market after data. The EUR/USD broke below 1.0000 and fell, for now, to 0.9952, a level not seen since December 2002. Downside pressure remains intact, triggered by a broad dollar rally. The collapse in the stock markets, […]
