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Share: Positive sentiment supports the Mexican Peso (MXN), but Fed tightening concerns arise due to last…

Share: EUR/USD has demonstrated a stellar run to near 1.1150 amid an intense sell-off in the USD Index.…

Resilient labour market conditions and persistent services sector’s prices were not well-received by Wall Street yesterday, as the overnight data called for a hawkish bias in Federal Reserve’s (Fed) policies. A significant beat in the US…

PCE REPORT KEY POINTS:May U.S. consumer spending rises 0.1% m-o-m, one-tenth of a percent below expectationsCore PCE climbs 0.3% monthly, bringing the annual rate to 4.6% from 4.7%, also below estimatesU.S. dollar extends losses following…

Share: GBP/USD seesaws around the lowest levels in two weeks, prods two-day downtrend of late. Bearish…

Share: Gold price regains momentum above $1900 despite increased odds of Fed rate hikes. US economic data…

Share: USD/MXN pair surges over 0.80%, with market focus on impending Banxico and US Fed monetary verdicts.…

US Dollar, DXY Index – Outlook:The Fed kept interest rates on hold but projected two additional rate hikes in 2023 and not rate cuts until 2025.However, the market is pricing in one more rate hike this year and rate cuts as soon as next…

Share: Silver price has comfortably shifted above $24.00 as the USD Index remains weak. The USD Index is…

Recommended by IG Improve your trading with IG Client Sentiment Data Wall Street looks set to deliver its fifth consecutive week of gains, pushing ahead with another round of stellar gains overnight (DJIA…