United States Monthly Budget Statement below forecasts ($-64B) in November: Actual ($-65B)

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Dec 10, 2015

USD/JPY: bulls attempting the upside to save face

USD/JPY has been consolidating the downside after it plunged to a one-month low on Wednesday on USD weakens across the board. However, the upside is being tested here while the bulls flex what little muscle they have, testing the 1hr 20 SMA at 121.55.

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Dec 10, 2015

USD/MXN soars above 17.00, headed toward record close

The Mexican peso and the Brazilian real are among the worst performer in the currency market on Thursday. USD/MXN yesterday climbed above 17.00 and today moved most of the day between 17.02 and 17.10. Recently broke decisively to the upside and reached at 17.19 the highest level since September 24.

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