EUR/USD Rebounds For A Second Consecutive Session As The USD Eases Ahead Of Key Economic Data Releases

By Linh Tran, Market Analyst at XS.com EUR/USD recorded its second consecutive recovery session, currently trading around the 1.1900–1.1920 range, as the US dollar weakened again and US Treasury yields moderated. This rebound reflects an adjustment in market expectations regarding monetary policy, as investors temporarily reduced USD holdings ahead of…

Continue Reading
trend shift

The Mexican Peso Strengthens Amid a Weaker Dollar and Mixed Inflation Signals

By Antonio Di Giacomo, Senior Market Analyst at XS.com The Mexican peso started the February 9 session appreciating against the U.S. dollar, benefiting from broad-based weakness in the greenback across international markets. During the session, the exchange rate briefly touched levels near 17.16 pesos per dollar. However, it was not…

Continue Reading