The euro cross closed out the last month above 0.88 mark and 20MA (Monthly), more than 4.50% rally recorded. Among euro crosses, EURGBP was the biggest winner in May triggered a strong rally driven by […]
We seem to be in for a pretty classic setup here to start the new month. Traders are shifting from USD to DM and EM currencies. The return of USD weakness, which should allow EM […]
The Mexican Peso down over 2.00% at one point after Trump’s latest tweet a tariff on Mexican goods CNBC reported, “The U.S. will impose a 5% tariff on all Mexican imports from June 10, President […]
Broad-based dollar strength (KTM: USDX) across the G10 FX The sentiment deteriorated overnight; global equity benchmark indices dropped with US 10year yields. At close Europe benchmark indices down between 0.30-0.60%, besides Dow Jones down a […]
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