Banxico Holds Firm: Rates Steady at 7% Amid Critical War-Driven Inflation Threats
MEXICO CITY, March 2025 – The Bank of Mexico (Banxico) has decisively maintained its benchmark interest rate at 7.00%, a move widely anticipated
Forex News
Forex News
Dow Jones Industrial Average Plummets: Iran Conflict and Fed Hawkishness Trigger Fourth Consecutive Losing Week
NEW YORK, March 2025 – The Dow Jones Industrial Average closed sharply lower on Friday, cementing its fourth consecutive weekly loss as investors
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Gold Price Forecast: Precious Metal Braces for Third Weekly Loss as ‘Higher-for-Longer’ Rates Crush Sentiment
Gold markets face mounting pressure in early 2025, with the precious metal poised for a third consecutive weekly decline as central banks maintain
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EUR/USD Price Forecast: Critical Struggle Below 1.1600 as Sellers Dominate Charts
The EUR/USD currency pair faces a pivotal technical battle this week, struggling to maintain momentum below the critical 1.1600 psychological level as sellers
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GBP/USD Plummets Below 1.3350 as Soaring Oil and Hawkish Fed Crush Sterling
The British pound sterling faced intense selling pressure against the US dollar in early London trading, with the GBP/USD currency pair decisively breaking
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Federal Reserve’s Crucial Stance: Waller Confirms No Need for Rate Hikes in 2025
Federal Reserve Governor Christopher Waller delivered significant remarks today, clearly stating the central bank sees no immediate need to consider interest rate increases.
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USD/CAD Rebounds Sharply as Slumping Retail Sales Crush the Vulnerable Loonie
The USD/CAD currency pair staged a significant rebound in late-week trading, as disappointing Canadian economic data collided with broad-based US dollar strength to
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AUD/USD Plummets: Geopolitical Fears Eclipse Critical RBA Rate Decision
The Australian dollar faced significant downward pressure against the US dollar this week, with the AUD/USD pair falling sharply as escalating geopolitical tensions
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Gold Price Plummets as ‘Higher-for-Longer’ Rate Fears Crush Safe-Haven Appeal
Gold prices experienced a significant decline this week, as financial markets globally recalibrated around a persistent “higher-for-longer” interest rate environment from the Federal
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USDCAD Analysis: Resilient Range Holds Firm as Canadian Dollar Outperforms – Scotiabank Charts
The USDCAD currency pair continues to demonstrate remarkable stability within its established trading range, according to recent technical analysis from Scotiabank. Market observers
