FWMP 2/12-2/16 Predictions For 3 Major Forex Pairs
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Read More »PBOC is expected to set the USD/CNY reference rate at 6.7462 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most…
Read More »Mexican Peso extends nine-day gains as Gulf War de-escalates
The Mexican Peso extends its gains for the ninth consecutive day on Wednesday, as the US Dollar remains on the back foot amid softer-than-expected US jobs data ahead of the…
Read More »Japanese Yen: Policy follow-up needed for renewed demand – BNY
BNY’s Geoff Yu argues that coordinated intervention has not significantly increased foreign exposure to the Japanese Yen (JPY), with investors still net long JPY but at much lower levels than…
Read More »British Pound slips as strong ISM data revives the US Dollar
The Pound Sterling retreats somne 0.27% on Monday as the Greenback recovers some ground, as the US pauses strikes on Iran, and as both parties resume negotiations aimed at securing…
Read More »The USDJPY is continuing to run lower. The EURUSD and GBPUSD are little changed to kickstart the new day
The USD is mostly higher vs the major currencies with one exception, the JPY. The USD is lower vs the JPY as the pair continued its fall last week after…
Read More »Forex: WMP 2/26-3/2 EUR/USD Structure Support
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Read More »Next Week’s Earnings Calendar: Focus Shifts Beyond Big Tech
This week’s earnings season was dominated by the technology heavyweights. Microsoft delivered standout results that reignited enthusiasm around AI spending, while Amazon also impressed with strong cloud and advertising growth….
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