USD/MXN Mexican Peso Under Pressure as Trump Rises in Polls
The Mexican currency has depreciated in a negative correlation with the political fate of Donald Tru...
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Oil Drop Could Force OPEC to Agree to Deal
Oil prices plunged after a record 14.4-million barrel jump in U.S. crude supply, and they could cont...
Super Thursday to Highlight BoE Forecasts on UK Economy
BoE to Keep Rates Unchanged but Focus Will be on the economic projections This week was always shapi...
Gold Rises Above $1,300 Awaiting Fed
Gold prices continue to benefit from rising risk aversion and a weaker U.S. dollar, pushing into key...
XAU/USD – Gold Posts Strong Gains on Trump Fears
Gold has posted strong gains in the Wednesday session, continuing the gains which marked the Tuesday...
Global Stocks Drop on US Election Jitters and Oil Fall
Global equity prices and the dollar slid for the second straight day on Wednesday, while safe-haven ...
US Dollar Lower Against Majors But Rising Against MXN
The U.S. dollar hit its lowest level in more than three weeks against the euro, yen, Swiss franc and...
Mexican FinMin Says Peso Intervention Does Not Make Sense
Intervention to support Mexico’s peso does not make sense when volatility is caused by global ...
WTI/USD – US Crude Slide Continues as Crude Inventories Surge
US crude is looking at a fourth straight losing session, as WTI/USD continues to slide. In North Ame...
UK Inflation Forecasted to Quadruple Next Year
The British public are in for a nasty surprise. Inflation is expected to quadruple to nearly 4% in l...
Japan’s Lower House to Vote on TPP on Friday
Japan’s House of Representatives will vote on a bill to ratify the Trans-Pacific Partnership t...
Japan’s Tax Revenue Falls 4.8%
Japan’s general-account tax revenue in the April-September period fell 4.8 percent from a year...
GBP/USD – Pound Pushes to 3-week Highs as Construction PMI Beats Forecast, BoE Next
GBP/USD has posted gains on Wednesday, after an uneventful start to the week. In the North American ...
BOJ Pushing Inflation Target Timeframe is a Reaction to Market Conditions
The Bank of Japan (BOJ) is unlikely to achieve its 2-percent inflation target during Gov. Haruhiko K...
Oil Drops After US Inventories Show a Massive Weekly Buildup
Oil prices tumbled 3 percent on Wednesday after a record weekly build in U.S. crude stocks added to ...
Germany Factory Growth at Near Three Year High
German manufacturing growth reached an almost three-year high in October as Asian and U.S. demand ro...
Eurozone Manufacturing Accelerates at Fastest Rate in Nearly Three Years
Euro zone manufacturing activity accelerated at its fastest rate in nearly three years last month, s...
Italian Referendum Will Not Be Delayed
The Italian government is not considering delaying a Dec. 4 referendum on constitutional reform that...
USD/CAD – Canadian Dollar Edges Higher, Markets Eye FOMC Statement
USD/CAD has posted slight gains on Wednesday. In the North American session, the pair is trading at ...
London High Court EU Verdict on Thursday
London’s High Court will deliver its eagerly awaited verdict on Thursday on whether British la...