Mexican Peso Gains on Banxico’s Rate Hike Surprise and Hawkish Shift, USD/MXN Sinks

Read Time:19 Second

Banxico surprises investors and raises its overnight interest rate by 25 basis points to 4.25%, causing the Mexican peso to rise sharply against the dollar....

Read Time:20 Second

DAILY FOREXFEED TB

Manufacturing Activity Surges to a Record High, but Services PMI Cools, US Dollar Retreats

fonecablecom

23 June 2021

June Manufacturing activity jumps to a record high of 62.6 from 62.1 in May whileServices PMI slows down to 64.8 from 70.4 in the previous...

Read Time:20 Second

DAILY FOREXFEED TB

Banxico Expected to Keep Rates at 4%, but a Hawkish Pivot May Support the Mexican Peso

fonecablecom

21 June 2021

Banxico will announce its June monetary policy decision on Thursday. No change in interest rates is expected, but the central bank could adopt a more...

Read Time:19 Second

DAILY FOREXFEED TB

Crude Oil Price Forecast: Bullish Scenario Remains Intact amid Strengthening Demand

fonecablecom

19 June 2021

Although the Fed hawkish bias has caused some reflationary position unwinding and anxiety about the outlook for commodities, the fundamental picture for oil has not...

Read Time:17 Second

DAILY FOREXFEED JPY TB

USD/JPY Fails at Resistance and Pivots Lower, but the Underlying Trend Remains Bullish

fonecablecom

17 June 20215 September 2021

USD/JPY turns lower after colliding with a key technical resistance area, but the dollar bias remains positive post-Fed. Continue Reading:... Search Web: USD/JPY Fails at...

Read Time:21 Second

DAILY FOREXFEED TB

Brazil Central Bank hikes Selic Rate to 4.25%, Hawkish Bias May Boost the Brazilian Real

fonecablecom

16 June 2021

Brazil's Central Bank raises its benchmark interest rate by 75 basis points to 4.25% and signals another rate hike of the same magnitude for its...

Read Time:19 Second

DAILY FOREXFEED TB

Brazilian Real Outlook: FOMC, COPOM Could Set the Tone for USD/BRL Near Term

fonecablecom

15 June 2021

Key monetary policy decisions in the US and Brazil on Wednesday could boost USD/BRL volatility and pave the way for the next major move in...

Read Time:20 Second

DAILY FOREXFEED TB

Consumer Inflation Expectations Hit 4%, Dollar Unmoved as Traders Eye the Fed Meeting

fonecablecom

14 June 2021

Consumer inflation expectations in the U.S. rise to 4% in May from 3.4% in April, reaching its highest level since 2013, but fail to spur...

Read Time:20 Second

DAILY FOREXFEED TB

Mexican Peso Forecast: Waters Turn Murkier for the Dollar, USD/MXN Remains Vulnerable

fonecablecom

13 June 2021

USD/MXN could move lower next week if the Fed sticks to the dovish script and reiterates that now is not the time to start talking...

Read Time:19 Second

DAILY FOREXFEED TB

U.S. Consumer Sentiment Rebounds but Fails to Create Volatility as Markets Await the Fed

fonecablecom

11 June 2021

U.S. Consumer sentiment rebounds in June and jumps to 86.4, a sign that household spending may remain healthy to continue to drive the economic recovery....

Read Time:21 Second

DAILY FOREXFEED TB

U.S. Inflation Accelerates in May at Fastest Pace since 2008, Treasury Yields Tick Higher

fonecablecom

10 June 2021

The May CPI jumps 0.6% on a monthly basis and 5% annually, the fastest pace since 2008 as the economic recovery kicks into high gear...

Read Time:19 Second

DAILY FOREXFEED TB

Mexican Peso Outlook Improves amid Receding Political Risks, but Caution is Warranted

fonecablecom

9 June 2021

Dissipating political risks in Mexico and the improving economic backdrop could support the Mexican peso in the short term, but the Fed normalization process continues...

Japanese Yen remains on the front foot as wage growth bolsters BoJ rate hike expectations 8 December 2025

The Japanese Yen (JPY) attracts some dip-buying at the start of a new week and remains close to its highest level since November 14, touched against a weaker US Dollar (USD) on Friday.

USD/CAD holds onto Friday’s losses around 1.3800, investors await Fed-BoC policy 8 December 2025

The USD/CAD pair trades weakly near its 11-week low around 1.3800 during the Asian trading session on Monday.

China’s Trade Balance: Surplus widens in November as Exports surge 8 December 2025

China's Trade Balance for November, in Chinese Yuan (CNY) terms, arrived at CNY792.57 billion, widening from the previous figure of CNY640.40 billion.

China Trade Balance USD came in at $111.68B, above expectations ($100.2B) in November 8 December 2025

China Trade Balance USD came in at $111.68B, above expectations ($100.2B) in November

China Exports (YoY) above expectations (3.8%) in November: Actual (5.9%) 8 December 2025

China Exports (YoY) above expectations (3.8%) in November: Actual (5.9%)

China Imports (YoY) came in at 1.9% below forecasts (2.8%) in November 8 December 2025

China Imports (YoY) came in at 1.9% below forecasts (2.8%) in November

China Trade Balance CNY rose from previous 640.4B to 792.57B in November 8 December 2025

China Trade Balance CNY rose from previous 640.4B to 792.57B in November

China Exports (YoY) CNY: 5.7% (November) vs -0.8% 8 December 2025

China Exports (YoY) CNY: 5.7% (November) vs -0.8%

China Exports (YoY) came in at 5.7%, above forecasts (3.8%) in November 8 December 2025

China Exports (YoY) came in at 5.7%, above forecasts (3.8%) in November

ECB’s Rehn: Latest forecast suggests inflation will remain slightly below 2% over the horizon 8 December 2025

In an interview with the Italian financial magazine Milano Finanza on Saturday, European Central Bank policymaker Olli Rehn said that "our latest forecast suggests inflation will remain slightly below 2% over the horizon."

WTI trades with mild negative bias below $60.00; downside potential seems limited 8 December 2025

West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on a three-week-old uptrend and oscillate in a narrow band during the Asian session on Monday.

EUR/USD posts modest gains near 1.1650 amid Fed rate cut bets 8 December 2025

The EUR/USD pair posts modest gains around 1.1645 during the early Asian session on Monday. The prospect of a US Federal Reserve (Fed) rate cut at its December meeting on Wednesday could weigh on the US Dollar (USD) against the Euro (EUR).

AUD/USD holds steady below 0.6650, highest since September ahead of China's trade data 8 December 2025

The AUD/USD pair enters a bullish consolidation phase at the start of a new week and oscillates in a narrow range near its highest level since September 16, touched on Friday.

PBOC sets USD/CNY reference rate at 7.0764 vs. 7.0749 previous 8 December 2025

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0764 compared to Friday's fix of 7.0749.

GBP/USD consolidates around 1.3330 as traders await Fed rate decision 8 December 2025

The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band, around the 1.3320-1.3325 region, during the Asian session.

Gold Price Forecast: XAU/USD drifts higher above $4,200 on Fed rate cut expectations 8 December 2025

Gold price (XAU/USD) trades in positive territory near $4,205 during the early Asian session on Monday. The precious metal edges higher as markets widely expect the Federal Reserve (Fed) to cut interest rates at its December meeting on Wednesday.

Japan Trade Balance - BOP Basis dipped from previous ¥4347.6B to ¥2833.5B in October 7 December 2025

Japan Trade Balance - BOP Basis dipped from previous ¥4347.6B to ¥2833.5B in October

Japan’s GDP declines 0.6% QoQ in Q3 2025 vs -0.5% expected 7 December 2025

The Japanese economy contracted 0.6% over the quarter in the third quarter (Q3) of 2025, the final reading released by Japan’s Cabinet Office showed on Monday. This reading came in weaker the market expectation of -0.5% and the the previous estimate of -0.4%.

Japan Gross Domestic Product Deflator (YoY) came in at 3.4%, above forecasts (2.8%) in 3Q 7 December 2025

Japan Gross Domestic Product Deflator (YoY) came in at 3.4%, above forecasts (2.8%) in 3Q

Japan Bank Lending (YoY) registered at 4.2% above expectations (4%) in November 7 December 2025

Japan Bank Lending (YoY) registered at 4.2% above expectations (4%) in November

Breaking News

A border inside the UK brings Northern Ireland closer to the republic December 31, 2020 at 05:09PM

A beloved Canadian soy sauce runs out December 31, 2020 at 05:09PM

Britain’s relationship with the EU will look like Switzerland’s December 31, 2020 at 05:09PM

What to expect in 2021 according to prediction markets December 31, 2020 at 05:09PM

Russia menaces Alexei Navalny after he exposed its agents’ ineptitude December 31, 2020 at 05:09PM

The next big thing in retail comes with Chinese characteristics December 31, 2020 at 05:09PM

Jobless Cambodians are catching rats to feed Vietnamese city dwellers December 31, 2020 at 05:09PM

Why Chinese tipplers like Chilean wine December 31, 2020 at 05:09PM

Pakistan has fenced itself off from Afghanistan December 31, 2020 at 05:09PM

Congress injects a further $900bn of stimulus into the American economy December 31, 2020 at 05:09PM