Blogs
Commodity Currencies Crash On USD Dominance
Article By:
Admiral Markets
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Thursday, September 24, 2020 3:56 AM EDT
The US dollar - which had been the worst-performing currency over the past few months - has roared back to life as investors weigh up the prospects of a second wave of the coronavirus and new national lockdown measures.
Cocoa Weekly Forecast, September 21 - 25
Article By:
Anton Kolhanov
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Monday, September 21, 2020 8:00 AM EDT
The uptrend in cocoa prices may be expected to continue, while the market is trading above support level 2550, which will be followed by reaching resistance level 2825. A downtrend will start if the market drops below support level 2550.
In this article: NIB
The Charts: Ugly Equities And A Range-Bound Dollar
Article By:
Marc Chandler
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Sunday, September 20, 2020 10:39 AM EDT
The major central banks have met, and not one felt it incumbent upon them to take fresh policy action. The euro-dollar exchange rate continues to be mainly in a $1.17-$1.19 trading range that has dominated since the end of July.
The Dollar Softens Ahead Of The FOMC
Article By:
Marc Chandler
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Tuesday, September 15, 2020 7:30 AM EDT
The capital markets are relatively quiet so far today as the FOMC meeting gets underway. Equity markets in the Asia Pacific region, but Japan and Australia advanced, and the regional benchmark rose for the fourth consecutive session.
USD/MXN Forecast: Continues Falling
Article By:
Christopher Lewis
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Tuesday, September 15, 2020 3:46 AM EDT
The US dollar has fallen again during the trading session on Monday against the Mexican peso, reaching down towards the 21 pesos level.
Brazil: Fiscal And Inflation Risks Escalate
Article By:
ING Economics
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Monday, September 14, 2020 10:39 AM EDT
Among the most notable developments over the past month in Brazil we include the strong evidence of a faster-than-expected post-pandemic economic recovery.
In this article: EWZ
USD/MXN Forecast: Pressuring Support
Article By:
Christopher Lewis
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Monday, September 14, 2020 8:43 AM EDT
The US dollar has fallen again during the trading session on Friday against the Mexican peso, testing the hammer that had formed on Thursday.
Markets Week Ahead: S&P 500, British Pound, Brexit Woes, US Dollar, Fed
Dollar's Bounce: Nearly Over?
Article By:
Marc Chandler
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Sunday, September 13, 2020 9:48 AM EDT
Sterling's weakness is a phenomenon of its own making. US-China tensions continue to run high as Washington has ratcheted up pressure on China and is insisting on the September 15 deadline for TikTok to change ownership or be banned.
USD/MXN Week Ahead: FOMC Tailwinds Could Lead To Volatile Trading
Article By:
DailyFX
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Sunday, September 13, 2020 6:17 AM EDT
The Mexican Peso now stands at a 6-month high versus the US Dollar as tech shares have led the way for higher risk appetite in the last few weeks. That said, a three-day sell-off in equity markets managed to halt the slide in the US Dollar.
Key Events In EMEA And Latam Next Week - Saturday, Sept. 12
Article By:
ING Economics
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Saturday, September 12, 2020 11:44 AM EDT
Poland and Russia's central bank meet next week and both are expected to keep rates on hold, but keep an eye on inflation figures and some key industry data releases.
USD/MXN: Focused On Vulnerable Support Levels
Article By:
Daily Forex
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Thursday, September 10, 2020 8:36 AM EDT
The USD/MXN broke through the 21.50000 support level yesterday and it set off another bearish leg lower.
Investor Anxiety Continues To Run High
Article By:
Marc Chandler
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Wednesday, September 9, 2020 7:28 AM EDT
News that the AstraZeneca Phase 3 test had to be stopped to study the adverse reaction of one subject added to the uncertainty of investors amid one of the more significant reversals of risk appetites since March.
World Markets Update: Monday, September 8
Article By:
Jill Mislinski
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Tuesday, September 8, 2020 5:50 PM EDT
Six of eight indexes on our world watch list posted losses through September 8. The top performer is China's Shanghai with a gain of 8.73%. Our own S&P 500 is in second with a gain of 3.13% and in third is Tokyo's Nikkei 225 with a loss of 1.62%.
Tropical Storms Paulette & Rene Next Threats In The Atlantic. The Corn & Ethanol Report
Article By:
Dan Flynn
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Tuesday, September 8, 2020 12:28 PM EDT
On the corn front, Bloomberg reports what was on traders’ minds: that crop damage from heavy rains are destroying many acres of ripe corn in China while the government auctioned off their stockpiles, leaving what they have on hand as next to none.