As the AUD/USD experienced a significant drop on Thursday, landing at 0.6550, it solidified its position as the weakest G10 currency. Ongoing worries about the Chinese economy and the AUD's
Mexican Peso Slips 0.20% Despite Recovery from Six-Week Low - US GDP Data Surpasses Expectations, Impact on USD The Mexican Peso saw a slight decline of 0.20% even after bouncing
Canadian Dollar Holds Strong Against Greenback Amid US GDP Surge The Canadian Dollar (CAD) faced a turbulent day on Thursday as investors reacted to the unexpected surge in US Gross
On Thursday, the US Dollar, represented by the DXY index, saw a slight increase following a better-than-expected Q2 Gross Domestic Product (GDP) report. Despite this positive news, the chances of
Mexican Peso Weakens as Carry Trade Unwinds - Investment Manager Insights The Mexican Peso (MXN) is facing a downturn as international investors move away from the Peso-favorable “carry trade”. This
The EUR/USD pair has bounced back to near 1.0850 in Thursday’s European session, defying the uncertain near-term outlook for the Euro. The European Central Bank (ECB) is expected to implement
As the world's best investment manager and financial market journalist, I am here to provide you with the latest insights on the Gold market. Gold has extended its correction and
The Pound Sterling declines against the US Dollar to nearly 1.2880 amid dismal market sentiment ahead of advanced US Q2 GDP data. Firm preliminary S&P Global/CIPS PMI for July has
US GDP projected to expand at a 2% annualized rate in the second quarter. Resilient US economy supports the case for a smooth landing. Markets anticipate Federal Reserve easing cycle
The Japanese Yen (JPY) has surged to a 12-week high of 152.64 against the US Dollar (USD) on Thursday, marking its fourth consecutive session of gains. Traders are unwinding carry