Forex News
Foreign exchange market news and currency analysis. Track USD, EUR, GBP, and JPY movements, central bank policies, and forex trading signals.
Peso Edges Higher as Iran-Israel Tensions Ease, All Eyes on Mexican Inflation
Mexico's peso edged up 0.09% to 17.4644 per dollar after Iran and Israel paused attacks, but traders turned cautious ahead of Tuesday's Mexico inflation data.
Mexican Peso Slides to 17.48 as US Jobs Report Boosts Dollar
The Mexican peso fell 1.10% to 17.4793 per dollar after stronger-than-expected US jobs data boosted the dollar and raised expectations for a Fed rate hike by December.
Mexican Peso Suffers Biggest Drop Since March on Robust US Jobs Data
The Mexican peso plunged 1.1% to 17.4793 per dollar, its biggest daily drop since March, after a robust US jobs report strengthened the dollar and stoked expectations of prolonged higher US rates, reducing Mexico's yield appeal.
Mexican Peso Slides as Strong US Jobs Data Revives Fed Rate Hike Bets
The Mexican peso dropped more than 1% to 17.47 per dollar after a robust US jobs report boosted Treasury yields and the greenback, reviving expectations of a Federal Reserve rate hike this year.
Peso Strengthens to 3-Week High as Dollar Weakens Despite Strong US Jobs Data
The Mexican peso surged to a three-week high near 17.19 per dollar on Friday, driven by a weakening dollar even after stronger-than-expected US jobs data. Banxico cut rates by 25 bps to 6.50% and signaled an end to its easing cycle.
Mexican Peso Surges on U.S.-Iran Deal Hopes, Dollar Weakens
Mexico's peso surged 0.76% to 17.23 per dollar on Wednesday, reaching its strongest level since April 17, driven by U.S.-Iran deal hopes and a weaker dollar.
Dollar Slips as GDP Miss and Core Inflation Surge Cloud Fed Rate Path
The U.S. dollar declined Thursday as first-quarter GDP growth missed expectations and core inflation accelerated, muddying the Fed's rate-cut prospects and triggering yen intervention fears.
Dollar Index Nears 10-Month Peak Amid Geopolitical Tensions and Inflation Fears
The U.S. dollar strengthened toward a 10-month high as Middle East tensions fueled demand for safe assets. Brent crude surged past $115, amplifying inflation concerns and complicating policy for Asian central banks.
Dollar Firms Ahead of US CPI Data as Geopolitical Tensions, Oil Surge Rattle Markets
The US dollar maintained strength against the euro, trading near 0.86 (EUR/USD ~$1.1615), as markets braced for US inflation data and grappled with oil supply fears. The euro has declined roughly 1.5% since the late-February attack on Iran.
Australian Dollar Eyes Key GDP Data Amid Analyst Optimism
The Australian dollar stabilizes near 0.7100 as analysts project a rise toward 73-75 U.S. cents by year-end, with immediate focus on Wednesday's GDP data and geopolitical risks.
Australian Dollar Eyes Key GDP Data Amid Analyst Divergence
The Australian dollar is holding near 0.7100 against the U.S. dollar, with major banks forecasting further gains. All eyes are on upcoming GDP data, with crowded speculative positions raising the risk of a sharp market move.
AUD Hits 3-Year High on RBA Rate Hike Expectations
The Australian dollar reached a three-year peak above 71 US cents amid heightened expectations for further Reserve Bank of Australia monetary tightening. Mortgage lending jumped 9.5% in Q4, supporting the currency's rally.