USD/MXN Pushing Higher Ahead of Banco de Mexico Interest Rate Decision

The Mexican central bank is unlikely to cut interest rates again at Thursday’s meeting, but nothing can be ruled out and that leaves USD/MXN likely to push higher

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British Pound (GBP) Latest: GBP/USD Slipping After UK Unemployment Data

GBP/USD is trading modestly lower after a labor-market report showing that the UK unemployment rate has dipped to 5% rather than rising as analysts had predicted.

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Euro Price Outlook: EUR/USD Holds Range Amid Covid-19 Third Wave Fears

The recent resilience of the EUR/USD exchange rate may begin to fade in the face of renewed lockdown measures in Germany and a cumbersome rollout of coronavirus vaccines.

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Nasdaq 100, Nikkei 225, ASX 200 Forecast: Yields and Powell Testimony in Focus

Tech led the rebound in stocks on Wall Street as the 10-year yield retreated below the 1.70% mark. Asia Pacific equities look set to follow this positive lead higher. Powell’s testimony will be eye…

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Fibonacci Confluence on FX Pairs

Fibonacci levels can highlight key areas of support and resistance, but multiple Fibonacci levels in close proximity may provide even greater insight

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