USDMXN turned higher after the Mexico Gross Domestic Product (quarter over quarter) came in at 0% below analyst’s forecasts of 0.1%
The British pound is gaining across most of its major counterparts early in today’s European session. As of this writing, the exchange rate of pound-to-euro is at 1.1690 for November 25, 2019. Meanwhile, EURGBP is currently trading at 0.8553.
The Turkish lira is under selling pressure for the third consecutive session despite Turkey’s Manufacturing Confidence rose to 102 from previous 100.9
Asian equities markets and commodity currencies are off to a bullish start for the week. The Hang Seng index is...
Forex news on Friday sent the euro deep into the bears’ territory. EURUSD initially rallied to an intraday high of 1.1086 after opening at 1.1057. However, the currency pair tumbled to 1.1013 before ending Friday’s trading with a 39-pip loss at 1.1018.
The British pound led losses on Friday against the US dollar among the major currencies. GBPUSD dropped 104 pips from...
The Canadian Retail Sales figure showed a drop in September by 0.1%, which was lower than the previous figure that...
EURGBP trading 0.32% higher at 0.8593 just above the six-month lows as the pair reacts positively to disappointing PMI’s from UK
The Hang Seng Index and Nikkei 225 finally recouped some of their losses as equity investors bargain hunt in today’s...
EURUSD traded higher yesterday to its new intra-week high at 1.1096. However, buyers were not able to sustain the rally and the currency pair fell around 50 pips to finish the day at 1.1057.