Page 2 - Flag Pattern News Today

Both a hawkish Bank of Mexico and the rise in Crude Oil prices have been pushing USD/MXN lower.

The Non Farms Payrolls print for January, combined with the December revision, blows estimates out of the water!

Could an interest rate hike now be in their guidance over the next 2 years?

The Fed's favorite measure of inflation is more than double what they would like!

The China A50 Index is currently forming a flag pattern

WTI crude oil back to $60 WTI crude oil back to $60 Joe Perry February 18, 2021 9:39 PM West Texas Crude Oil dipped back under $60 a barrel as traders took profits ahead of PMI data Share: West Texas Crude Oil dipped back under $60 a barrel as traders took profits ahead of PMI data after what continues to be a wild ride!  Ther...

No news is sometimes good news: DXY, AUD/USD Joe Perry February 11, 2021 2:47 PM Yesterday’s themes have carried over into today’s US session Share: Many Asian countries were closed earlier due to the Lunar New Year, resulting in slow trade.  The muted session carried over to Europe and now into the US.  It’s quiet.  Therefore, yesterday’s theme...

Currency pair of the week: USD/MXN Joe Perry February 8, 2021 2:17 PM The Bank of Mexico meets this week and there is a possibility they may cut rates Share: During the first few weeks of Joe Biden’s Presidency, he has put pen to paper signing executive orders on everything from immigration to climate change to wearing masks.  However, as mentioned in ...