The Mexican Peso (MXN) is back on the rise for the last trading day of 2023, recovering modestly after a late-day topside break in the US Dollar on Thursday sparked by a broad-market pause in risk appetite after US Treasury yields briefly spiked.
Blogs
GBP/USD spreads ahead of the 2023 closing bell
The GBP/USD is cycling in near-term congestion as thin post-holiday markets get set to wrap up the last day of trading in 2023, testing back into intraday median prices just above the 1.2700 handle.
USD/CHF resumes its decline as dovish bets on the Fed and lower US yields weigh in
In Friday's trading session, the USD/CHF pair endured losses as it declined to 0.8405.
United States Baker Hughes US Oil Rig Count climbed from previous 498 to 500
United States Baker Hughes US Oil Rig Count climbed from previous 498 to 500
Forex Today: A new year arrives, focus turns to US labor market data
An exciting beginning of the 2024 trading year is ahead. Next week, economic reports include the US and Canada Job Reports and inflation figures from the Eurozone.
EUR/USD paddles near 1.1050 to round out 2023
The EUR/USD is trading flat on Friday, the last trading session of 2023.
Pound Sterling Price News and Forecast: Pound Sterling struggles to recover
GBP/USD tumbles from 20-week high as markets reverse flows back into the US Dollar, aimed for 1.2700 The GBP/USD rose in early Thursday’s trading window, climbing to a 20-week high before slumping back and seeing a downside extension sparked by an unexpected climb in US Treasury yields during a 7-year T-note auction.
Colombia National Jobless Rate declined to 9% in November from previous 9.2%
Colombia National Jobless Rate declined to 9% in November from previous 9.2%
S&P 500 consolidates as US Dollar and yields recover
In Friday's session, the S&P 500 index stands at $4,785.50 as bullish momentum seems to be flatting in the last trading day of 2023.
United States Chicago Purchasing Managers' Index below forecasts (51) in December: Actual (46.9)
United States Chicago Purchasing Managers' Index below forecasts (51) in December: Actual (46.9)