Mexican Peso set for over 1% weekly gain as USD tumbles. The US Dollar Index falls to YTD lows as Fed rate-cut bets increase US Retail Sales drop fuels slowdown fears, boosting Fed easing expectations to 43.5 bps. Banxico minutes, Mexico GDP, and Retail Sales are in focus next week. The Mexican Peso (MXN) extended…
USD/JPY rebounds 0.35% from 151.64 low, driven by bond yield movements. Technical analysis hints at bullish shift; resistance near 200-day SMA at 152.76. Downside risks if SMA not surpassed; supports at 152.00 and 150.93 in focus. The USD/JPY climbed during the North American session. It trades at 152.52 and posts gains of over 0.35% after…
EUR/USD rises to 1.0335 on Tuesday, gaining bullish momentum. The pair surges past the 20-day SMA at 1.0360, signaling a potential trend shift. RSI climbs to 50 in positive territory, while the MACD histogram remains flat with green bars. The EUR/USD pair extended its upward movement on Tuesday, advancing to 1.0335 and showing renewed buying interest….
Join Our Telegram channel to stay up to date on breaking news coverage The Solana price prediction shows that SOL remains strong despite recent developments, including the decline in hype following certain ecosystem events. Solana Prediction Data: Solana price now – $210.50 Solana market cap – $214.32 billion Solana circulating supply – 486.96 million Solana…
Mexican Peso erased gains of 0.61% and turns negatively as Trump’s threat of 25% tariffs would be enacted. The White House denied Reuters’ report about US delaying tariffs implementation to March 1. Mixed US economic indicators and Fed commentary maintain cautious market sentiment. The Mexican Peso (MXN) erases some of its earlier gains and losses…
Euro (EUR) fell on headlines regarding universal tariffs. FT reported that Treasury secretary Scott Bessent favours universal tariffs on US imports, starting at 2.5% while Trump said he wants tariffs ‘much bigger’ than 2.5%. This puts tariff agenda back on the table and should restraint EUR bulls for now. Pair was last at 1.0428 levels,…
Join Our Telegram channel to stay up to date on breaking news coverage The Solana price prediction requires a swift upward movement, surpassing both the 9-day and 21-day moving averages, to fend off bearish pressure in the market. Solana Prediction Data: Solana price now – $259.0 Solana market cap – $125.73 billion Solana circulating supply…
NZD/USD advances on Friday, holding above the key 0.5700 level. The pair maintains its uptrend, supported by bullish technical indicators. Focus remains on whether momentum can push the pair toward the next resistance level at 0.5750. The NZD/USD pair continued its upward trajectory on Friday, rising by 0.44% to settle at 0.5705 and mantains its footing above…
Pound Sterling outperforms USD as Trump backs immediate rate cuts The Pound Sterling (GBP) jumps above 1.2400 against the US Dollar (USD) on Friday. The GBP/USD gains as the US Dollar is onset to end the week with the highest losses in almost two months. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, slumps…
EUR/USD advances on Friday, marking a solid recovery to 1.0485. Technical indicators point to strengthening momentum, with the pair nearing short-term resistance. Focus shifts to whether buyers can maintain traction above the 1.0500 psychological level. The EUR/USD pair ended the week on a bullish note, climbing 0.66% to settle at 1.0485 on Friday. This move signals…