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EUR/USD scrambles to recover ground after fresh test of two-year lows
EUR/USD continued to explore the bearish side of the charts on Monday, declining into the 1.0200 handle for the first time since late 2022, etching in a fresh 26-month low before staging half-hearted recovery later in the day.
Fxstreet
Jan 14, 2025
GBP/USD roils on Monday, testing new lows before recovering to flat
GBP/USD churned as markets rebalance their interest rate expectations through the rest of the year, sending Cable to a fresh 15-month low and tapping the 1.2100 handle before reversing the day’s losses and ending close to where it started at 1.2230.
Fxstreet
Jan 13, 2025
Canadian Dollar muddles through a quiet Monday
The Canadian Dollar (CAD) continues to tread water near multi-year lows against the US Dollar, with Loonie traders waylaid by a rate-cutting Bank of Canada (BoC) threatening to tip the CAD’s rate differential against the Greenback even further into the low end.Fxstreet
Jan 13, 2025
Mexican Peso stumbles again on strong US Dollar, risk aversion
The Mexican Peso prolongs its agony against the US Dollar, dropping for the fifth consecutive session on Monday amid a risk-off impulse following a robust US employment report that might deter the US Federal Reserve (Fed) from cutting interest rates.
Fxstreet
Jan 13, 2025
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