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IPC Index — Mexico Market
Euro
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Chart of The Day – EUR/USD
The EURUSD pair remains under downward pressure, trading around 1.1530 USD per euro. Today’s price movements are being shaped by both global…
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EUR/USD slips below 1.1550 as US Dollar gains on heightened inflationary risks
EUR/USD weakens as a stronger US Dollar gains on rising energy prices. WTI price climbed as tightening supply from the…
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Trade of The Day – EUR/JPY
Facts: On March 9, the EUR/JPY rate returned above the 30-day exponential moving average (EMA30; light purple) and has maintained…
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Inflation heated up even before the energy price shock
Let’s take a break from the escalating conflict in the Middle East and turn our attention once again to macroeconomic…
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EUR/USD Price Forecast: Eyes 1.1650 barrier near nine-day EMA
EUR/USD may navigate the region around the seven-month low of 1.1468. The 14-day Relative Strength Index at 38 indicates persistent…
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EUR/JPY strengthens to near 184.00 on BoJ rate hike uncertainty
EUR/JPY strengthens to around 183.90 in Wednesday’s early European session. The BoJ is likely to raise rates by the end…
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German Bigger Trade Surplus Sees EUR/USD Gain 0.2%
EUR/USD gained nearly 0.2% following trade data from Germany, which unexpectedly increased its trade surplus despite overall slowing in both…
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EUR/GBP steadies near 0.8650 as German Industrial Production falls in January
EUR/GBP remains supported following the release of Germany’s Factory Orders and Industrial Production data. Germany’s Industrial Production fell 0.5% MoM…
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EUR/JPY loses traction below 183.00 as Middle East conflict lifts Japanese Yen
EUR/JPY loses ground to around 182.95 in Monday’s early European session. Geopolitical risks in the Middle East could boost the…
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EUR/USD Price Falls toward 1.1500 near seven-month lows
EUR/USD may find the initial support at the seven-month low of 1.1468. The 14-day Relative Strength Index falls below 30,…
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