The USD/JPY rebounds off yearly lows of 148.85 and climbs past the 149.50 mark late during the North American session on Monday, despite overall US Dollar weakness across the board.
AUD/USD managed to regain some upside traction and reverse Friday’s strong decline, revisiting the vicinity of the 0.6400 mark but then buyers quickly rejected it.
The US Dollar kicked off the new trading week slightly on the defensive, managing to rebound from fresh multi-week lows amid tariff concerns, lower yields, and renewed jitters on the health of the US economy.
The US Dollar Index (DXY), which measures the US Dollar’s (USD) performance against a basket of six major currencies, recovers on Monday after an initial downturn, stabilizing around 106.50.
The Mexican Peso (MXN) slipped against the US Dollar (US) for the second consecutive day after inflation data for the first half of February rose as expected, yet justified Banco de Mexico's (Banxico) latest 50 basis points (bps) rate cut.
The Dow Jones Industrial Average (DJIA) recovered some ground on Monday, climbing some 300 points and change at its peak in an effort to claw back some of last week’s losses sparked by an unexpected downturn in consumer confidence figures.
Barely a month after the landmark acquisition of OANDA by the Czech-based prop trading giant FTMO, the latter is boosting its prop trading business, the latest being a new prop trading community br...
The Pound Sterling remains firm against the Greenback during the North American session on Monday yet retraced earlier gains after hitting a 9-week high of 1.2690 amid some US dollar weakness.
The EUR/USD pair started the week on a cautiously positive note, climbing toward recent highs before encountering strong resistance near the 100-day Simple Moving Average (SMA).
NASDAQ futures at risk as they fall below Point of Control at 21,510, indicating potential downside ahead. Traders eyeing key support levels for direction.
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