
FxWirePro: USD/MXN positions for another climb, eyes 21.000 level
Jan 21, 2025 15:00 pm UTC| Technicals
USD/MXN strengthened on Tuesday as Mexicos peso weakened after U.S. President Donald Trump threatened tariffs against Mexico and Canada. Trump delayed imposing tariffs but hinted at 25% duties on imports from Canada...

FxWirePro: USD/ZAR rebounds as rand retreats against stronger greenback
Jan 21, 2025 11:13 am UTC| Technicals
USD/ZAR rebounded strongly on Tuesday as the dollar firmed as Trumps first day back in office brought mixed signals on tariffs. Trump refrained from immediate tariff actions, a key concern for global markets, but...

FxWirePro: GBP/USD outlook weaker on renewed downside pressure
Jan 21, 2025 10:51 am UTC| Technicals
GBP/USD slipped sharply lower on Tuesday as dollar rebounded strongly as Donald Trumps inauguration reignited concerns over tariffs . Trumps tariff plans are a key focus for investors, as the size and scope of the...

FxWirePro- `Major European Indices
Jan 21, 2025 08:30 am UTC| Technicals
Major European Indices Germany DAX - 20994 (-0.24%) Major resistance- 21132 Near-term resistance -20000/20740/21000 Minor support-...

Jan 21, 2025 07:59 am UTC| Technicals
The GBP/JPYtrades higher despite weak UK jobs data. It hits a low of 189.33 and is currently trading around 191.06. Intraday trend is bearish as long as resistance 192 holds. In November 2024, the UK labor market...

FxWirePro: USD/ JPY slips lower, set to stay on back foot
Jan 21, 2025 06:21 am UTC| Technicals
The USD/JPY slipped lower on Tuesday as yen firmed on growing expectations that bank of Japan would raise interest rates this week . The BOJ is expected to raise interest rates on Friday, increasing short-term...
Gold Price Holds Above $4,130 as Fed Rate Outlook and Middle East Tensions Support Safe-Haven Demand