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IPC Index — Mexico Market
USD
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NZD/USD holds above 0.5900 on weaker US Dollar, renewed US-China tensions might cap its upside
NZD/USD drifts higher to around 0.5935 in Wednesday’s early Asian session, adding 0.18% on the day. New Zealand’s Trade Surplus…
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JPY adds to intraday gains amid hawkish BoJ expectations; USD/JPY plummets below 144.00
The Japanese Yen prolongs its uptrend against the USD amid the divergent BoJ-Fed expectations. Hopes for an eventual US-Japan trade…
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AUD holds gains as USD extends losses on Fed caution
The Australian Dollar strengthens as the US Dollar weakens amid concerns over the economic outlook and declining business sentiment. Federal…
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USD/INR rises amid ongoing US Dollar demand
Indian Rupee extends the decline in Wednesday’s Asian session. A fall in local equities and ongoing US Dollar demand weigh…
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EUR/USD Bullish outlook remains in play above 1.1300
EUR/USD attracts some buyers to around 1.1330 in Wednesday’s early European session, up 0.42% on the day. The positive view…
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USD/CHF drops to two-week low, eyes 0.8200 amid sustained USD selling bias
USD/CHF attracts sellers for the third consecutive day amid a broadly weaker USD. US fiscal concerns and Fed rate cut…
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GBP/USD Rises toward highs since February 2022 near 1.3450
GBP/USD faces an immediate barrier at 1.3445, the highest level since February 2022. The 14-day Relative Strength Index (RSI) rises…
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USD/CHF remains on the defensive below 0.8350 on weaker US Dollar
USD/CHF softens to around 0.8335 in Tuesday’s early European session. Economic uncertainty and Fed rate cut bets weigh on the…
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Chart of The Day – AUD/USD
The Australian dollar weakened against the US dollar, with AUD/USD falling 0.5% to 0.6428 after the Reserve Bank of Australia…
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EUR/USD Tests descending channel’s upper boundary near 1.1250
EUR/USD is testing the upper boundary of its descending channel near the 1.1250 level. Technical analysis suggests a bearish bias…
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