Appears weak close to one-month lows, beneath 200-day SMA

WTI witnessed some heavy promoting for the second consecutive session on Thursday. Oversold situations on hourly charts helped ease the bearish strain, for now. The set-up helps prospects for extra…

USD/MXN rebounds sharply from two-month lows, outlook turns bullish

Mexican peso amongst worst performers on Thursday. US greenback bounces sharply after up to date technique from the Fed as US yields soar. The USD/MXN bottomed earlier on Thursday at…

Mexico Slumps to ‘Nice Melancholy’ Financial Lows, Central Financial institution Slashes Forecast | Investing Information

MEXICO CITY (Reuters) – Mexico’s financial system might contract by virtually 13{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} this 12 months, the central financial institution warned on Wednesday, after GDP knowledge confirmed the pandemic lockdown had…

XAU/USD reverses from five-day highs and hits recent every day lows beneath $1960

Gold reversed from the best degree since August 19, shedding greater than $30. XAU/USD continues to consolidate round $1930/40 space. Gold is falling modestly on Monday after being unable to…