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IPC Index — Mexico MarketForex
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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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EUR/GBP holds gains above 0.8400 despite worse-than-expected German PPI data
EUR/GBP stays supported as the Euro benefits from improved risk appetite, boosted by easing geopolitical tensions. German PPI fell more…
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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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NZD/USD remains subdued near 0.5900 following PBoC rate cut
NZD/USD holds losses after the People’s Bank of China cut its one-year Loan Prime Rate to 3.00% from 3.10%. Traders…
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AUD/NZD declines to one-week low, around mid-1.0800s after RBA’s 25 bps rate cut decision
AUD/NZD drifts lower following the RBA’s widely anticipated 25 bps interest rate cut on Tuesday. The central bank’s acknowledgement of…
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AUD/JPY attracts some sellers to near 93.00, eyes on RBA Press Conference
AUD/JPY softens to around 93.00 in Tuesday’s Asian session, down 0.55% on the day. RBA cut its OCR by 25…
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