Guillermo Alcala

The Yen trims some losses following higher than expected inflation levels in Japan. The hot inflation figures have increased hopes of a BoJ hike in January. Technically, the pair is correcting lower, after having reached strongly overbought levels. The Yen […]

The Canadian Dollar trims some losses with the USD pulling back ahead of US inflation data. The US Dollar is correcting lower against its main rivals on Friday after having rallied sharply this week. The USD/CAD has been capped at

Gold clings to moderate gains on Friday after softer-than-expected US PCE inflation figures.  The US Dollar Index has extended its reversal from two-year highs following the release. XAU/USD remains under pressure, limited below $2,605 Gold (XAU/USD) is trading with a

The Mexican Peso picks up from lows as the US Dollar pulls following US PCE inflation data. The MXN bounced up on Thursday after Banxico confirmed expectations and cut interest rates by 25 bps. USD/MXN gives away gains and approaches

The USD rallied beyond 2% after the Fed and the BoJ’s decisions to hit levels right above 157.00. The Bank of Japan left interest rates at 0.25% and conditioned further tightening to the evolution of wage negotiations. Monetary policy divergence

Gold bounces up from oversold levels to pare back post-Fed losses. A strong US Dollar and higher US yields weighing on Gold’s recovery. XAU/USD remains under pressure, with resistances at $2,625 and $2,6660 likely to cap upside attempts. Gold (XAU/USD)

Gold finds support at $2,630 but remains capped ahead of the Fed’s decision. The market is bracing for a Fed “hawkish cut” that might boost the US Dollar and weigh on Gold. XAU/USD remains under pressure, with upside attempts capped

Gold reversal from last week’s highs finds some support as the US Dollar retreats. Lower US yields and a softer Dollar might provide some support for Gold as the market readies for the Fed interest-rate decision. XAU/USD remains under pressure,

The Yen extends losses on dovish BoJ comments and higher US Yields. Hopes of gradual easing by the Fed are keeping the US Dollar buoyed. US data seen this week revealed that inflation pressures are picking up. The US Dollar

The Euro bounces up from two-year lows with the GBP tumbling after weak UK data. UK GDP contracted for the second consecutive month in November. The diverging forward guidance of the ECB and the BoE has kept the Euro vulnerable.