Friday Was a Good Day for the Mexican Peso, but It’s Been Down More Than 1% This Week
The Mexican Peso (MXN) maintained its position relative to the US Dollar (USD) on Friday, following remarks made by a…
The Pound Is Under Pressure From Persistent Inflation and Economic Problems
The Pound Sterling (GBP) experienced a resurgence, approaching the 1.2200 level, following identifying a support level near 1.2100. This recovery…
High Us Bond Yields and Fears of Involvement Push the USD/JPY to a New High for the Year
The USD/JPY currency pair has recently reached a new year-to-date high of 149.18. However, market participants are exercising caution due…
As Doubt About the Future of Interest Rates Grows, the Price of Gold Goes Down
The XAU/USD, representing the price of Gold, has experienced a significant decline, approaching $1,915.00. This downward movement can be attributed…
WTI Crude Oil Is Getting Back to Normal After Jumping Over $90.50
The West Texas Intermediary (WTI) crude oil barrels experienced a notable surge on Thursday, escalating from the day’s lowest point…
The EUR/USD Exchange Rate Is Having Trouble Staying Over 1.0660
The EUR/USD is poised to conclude Friday’s trading session with a downward trend, approaching the week’s lowest level around 1.0650.…
Bears in the USD/JPY Market Should Be Concerned About Easing Upstream Inflation Pressures
The recent remarks by Kazuo Ueda, the Governor of the Bank of Japan (BOJ), have generated significant attention within the…
Gold Price Weekly Forecast: Bottom May Be In Before Us Inflation Reports
After experiencing a bearish start to the week, the price of Gold has demonstrated stability above the significant 200-day Simple…