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IPC Index — Mexico Market
USD
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EUR/USD Loses 0.3%
Dollar and Treasury yields rise on the hawkish tone of Fed Chair Kevin Warsh’s Jackson Hole remarks EURUSD is falling…
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Loonie Slips Despite Strong Canadian GDP
The Canadian dollar weakened to 1.39 per USD from a three-month high of 1.376 reached on August 21st, as a…
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Mexican Peso Weakens as Fed Hike Bets Rise
The Mexican peso weakened to around 17.04 per US dollar from the more than two-year low of 16.91 touched on…
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Australian Dollar tests three-month highs above 0.7200 with all eyes on Fed’s Warsh
AUD/USD appreciates for the fourth consecutive day to hit three-month highs at 0.7205. The US Dollar treads water on Friday…
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Chart of The Day – USD/JPY Eyes 160.00 Again. Will FX Intervention Withstand The Pressure?
The Japanese yen was handed catalysts for gains in the form of higher Tokyo inflation and falling Japanese unemployment, yet…
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Swiss Franc consolidates recent losses with the focus turning to Fed’s Warsh
USD/CHF stalls below 0.8750, on track for a 0.45% weekly appreciation. US Dollar firms up as Fed officials push for higher…
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Trade of The Day – GBP/USD
Facts: GBPAUD is trading below the 100-period moving average from H1 interval The pair broke below the support at 1.3600…
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USD/JPY Price – Bulls await breakout above 50% Fibo. hurdle near 159.65
USD/JPY attracts dip-buyers for the fourth straight day amid a supportive fundamental backdrop. Fed rate hike bets remain in play,…
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Swiss Franc steadies as US Dollar holds ground following robust economic data
USD/CHF remains steady after strong inflation data fuels expectations of another Fed rate hike. Diplomatic progress between Iran and Oman…
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British Pound languishes near weekly low, below 1.3600 as USD bulls await Warsh’s speech
GBP/USD struggles to attract any meaningful buyers, though the downside seems limited. The hot US inflation data fuels Fed hike…
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