Mexican Peso recovers as China's 5% GDP growth for 2024 boosts global sentiment. EU-Mexico trade agreement revival pre-Trump inauguration boosts Peso optimism. IMF and World Bank predict modest Mexican growth in 2025, cite domestic and US political … [Continue reading]
Australian Dollar gives up terrain as markets fear US tariffs
AUD/USD dips 0.20% to around 0.6200 on Friday. Upbeat Chinese GDP fails to offset RBA’s dovish signals. Trump’s impending tariff plans fuel cautious market sentiment. AUD/USD returns to negative territory near 0.6200 on Friday, failing to preserve … [Continue reading]
US Dollar attracts buyers as attention turns to Trump
President-elect Donald Trump is expected to unveil a range of executive directives designed to jumpstart fiscal measures, tariffs and stimulus actions. Robust housing figures, including rising permits and starts, suggest that the United States … [Continue reading]
NZD/USD Price Analysis: brief pullback questions 20-day SMA support
NZD/USD fell at the end of the weekresting around 0.5590 after struggling to sustain previous gains. RSI plunges to 40 in negative territory, pointing to weakening momentum as sellers regain confidence. MACD histogram shows rising green bars, hinting … [Continue reading]
USD/JPY rallies on technical bounce on Friday
USD/JPY rebounded 0.6% on Friday as the Greenback stiffens. The pair gave a tidy technical bounce from a key moving average. Markets are broadly pivoting back into Fed rate cut hopes. USD/JPY rallied on Friday, gaining six-tenths of one percent and … [Continue reading]
Gold price stumbles as US Dollar rises ahead of the weekend
Gold slightly down in late trading, still up 0.40% for the week amid geopolitical tensions. Mixed US economic data; higher Housing Starts, lower Building Permits minimally impact Bullion. Fed Governor Waller's dovish comments suggest potential for … [Continue reading]
United States Total Net TIC Flows dipped from previous $203.6B to $159.9B in November
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
United States Net Long-Term TIC Flows below expectations ($159.9B) in November: Actual ($79B)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Forecasting the upcoming week: All the attention shifts to US Inauguration Day
The Greenback halted a multi-week positive streak, prompting the US Dollar Index (DXY) to come under pressure shortly after hitting fresh cycle peaks north of the 110.00 barrier on January 13. In the meantime, the Dollar’s price action swung between … [Continue reading]
US Dollar stabilizes after Fed Waller alludes to March rate cut
The US Dollar consolidates further at current levels on Friday. Markets are left clueless after Fed’s Waller comments a March rate cut is still in the cards. The US Dollar Index (DXY) holds around 109.00 and is looking for … [Continue reading]