Market News – Page 20

admin
February 6, 2024
Market News

Mexican Peso gains, driven by a soft US Dollar due to lower US Treasury yields

The Mexican Peso (MXN) advanced against the US Dollar (USD) in early trading during the North American session as US Treasury bond yields edged lower, a headwind...

admin
February 5, 2024
Market News

EUR/GBP rebounds sharply from 0.8520

The EUR/GBP pair discovers strong buying interest near 0.8520 in the late European session. The asset recovered as investors saw the Bank of England (BoE) reducing interest...

admin
February 2, 2024
Market News

EUR/USD extends gains as US Dollar weakens after mixed US data

The EUR/USD pair extends its gains for the second consecutive day, edging higher to near 1.0880 during the European session on Friday. EUR/USD gained upward support following...

admin
February 1, 2024
Market News

GBP/USD: Pound Sterling bounces back as the BoE keeps interest rates at 5.25%

The Pound Sterling (GBP) recovers swiftly as the Bank of England (BoE) has kept interest rates steady at 5.25%. The BoE has kept interest rates unchanged for...

admin
January 31, 2024
Market News

USD/JPY rebounds after a sharp fall

The USD/JPY jostled in rough chart action after the Federal Reserve (Fed) left rates unchanged with additional cautionary concerns about needing the economic outlook to be more...

admin
January 30, 2024
Market News

Pound Sterling drops ahead of monetary policies by the Fed

The Pound Sterling (GBP) drops as investors turn cautious ahead of a busy week. The GBP/USD pair falls gradually ahead of the interest rate decisions by the...

admin
January 29, 2024
Market News

The AUD/JPY experiences mild gains, currently standing at 97.40

On Monday’s session, the AUD/JPY was seen trading at 97.40, shedding off mild gains after peaking at a high of 97.75. The overall view on the daily...

admin
January 26, 2024
Market News

Canadian Dollar finds some room against the USD post-PCE print

The Canadian Dollar (CAD) found some space on Friday, bolstered by climbing Crude Oil markets and clawing back some of the week’s losses. The US Dollar Index...

admin
January 25, 2024
Market News

Gold price recovers despite stronger-than-anticipated US Q4 GDP data

Gold price (XAU/USD) rises despite the United States Bureau of Economic Analysis (BEA) has reported that the economy grew at a higher pace of 3.3% against 2%...

admin
January 24, 2024
Market News

AUD/JPY trades at 97.12 with 0.40% losses

In Wednesday’s session, the AUD/JPY finds itself trading near the 97.12 mark, registering a 0.45% decline. The currency pair’s daily chart portrays a neutral to bearish outlook,...

Good To Know