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Mexican Peso broadly weaker as market sentiment sours
The Mexican Peso falls as market sentiment turns negative. Equities are down after Meta shares tumbled on Q2 guidance and rising Middle East tensions. The Peso loses ground against the Euro after Bund yields spike on Bundesbank president’s comments. The Mexican Peso (MXN), which is especially sensit
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DAX Dips Ahead Of Big Earnings
German stocks traded lower on Thursday as a disappointing earnings report from Facebook parent Meta Platforms gave way to caution ahead of earnings results from some of biggest and most important growth and tech companies in the U.S. Meanwhile, German consumer confidence is set to rise again in May,
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USDJPY: Curve Analysis
#USD/JPY# -SL 160.40 🚫 (aggressive) SLO 156.21 ⏳ SSO 147.72 ⏳ TP1 131.56 TP2 117.98 TP3 92.53 TP4 92.853 BLO 79.80 ⏳ -SL 75.56 🚫 (aggressive) Long-term time frames (1 week to 1 year): — Shows the big picture, revealing major trends and economic factors. — Less volatile, price movemen
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Canadian Dollar Drops As Retail Sales Fall Unexpectedly
The Canadian dollar moved down against its major counterparts in the New York session on Wednesday, following the release of weak retail sales data for February. Data from Statistics Canada showed that retail sales fell 0.1 percent in February following a 0.3 percent drop in the previous month. Econ
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Need JRFX MetaTrader 4 Download?
In the realm of online trading, accessing the right tools and platforms can make all the difference. For those navigating the dynamic world of forex trading, having a reliable and efficient platform is paramount. Enter JRFX MetaTrader 4 – a powerful trading platform that empowers traders with robust
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UK Budget Deficit Exceeds Estimate
The UK public sector net borrowing declined in the financial year ending March but it remained well above the official estimate, data from the Office for National Statistics showed on Tuesday. In the financial year ending March, provisionally estimated borrowing was GBP 120.7 billion, which was GBP
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Dow Jones dips into negative territory with hawkish Fed weighing on sentiment
Dow Jones index dips into losses following positive market opening. Investors’ concerns about the Fed’s “higher for longer” stance are weighing on risk appetite. Technical picture remains bearish with DJIA retreating from historic highs reached in March. The Dow Jones Industrial Average (DJIA) is po
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Pull-up Update