News
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GBP/USD Price Forecast: Climbs post weak US jobs report, eyes 100-day SMA
The Pound Sterling erased some of its Thursday’s losses against the Greenback and rose 0.56% above its opening price after a dismal US jobs report reassured investors the Federal Reserve would continue to ease policy.
Fxstreet
Fri, Nov 1
Mexican Peso edges higher, supported by resilient Q3 growth
The Mexican Peso (MXN) edges higher across its key pairs on Friday, continuing the recovery of the previous day, in part supported by the release of higher-than-expected Mexican Gross Domestic Product (GDP) growth data, which showed a 1.5% rise in the third quarter.
Fxstreet
Fri, Nov 1
EUR: More on the recent EUR recovery – Commerzbank
If you look at the G10 exchange rate movements since October 24 (since the publication of the euro area PMIs), it is striking that, on the one hand, the Euro has been by far the best-performing currency, but on the other hand, it has been the currency that contributed least to the volatility of G10 exchange rates, Commerzbank’s Head of FX and Commodity Research Ulrich Leuchtmann notes.
Fxstreet
Fri, Nov 1
