United States Institute for Supply Management (ISM) will release services Purchasing Managers' Index (PMI) on October 5, 17:00 GMT+3.
The USD/MXN has risen by more than 5,900 pips on tariff threats
President Donald Trump announced the 5% tariffs on Mexican goods until the country stops immigrants from entering the US. The tariffs will be applied on June 10. The tariffs could rise to 25% on October 1.
The USD/MXN has risen above the resistance at 19.67. The next resistance lies at 19.97. On the flipside, bears need to pull the pair below the 19.3686, 19.2618 and 19.1417 pivot levels to take back their strength. The support lies at 19.0349.
The United States will publish the ISM Manufacturing PMI on September 1, at 17:00 MT time (GMT+3).
What will happen? The FOMC statement will be published at 21:00 MT (GMT+3) on Wednesday, July 28…
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
The Fed is ready to start tapering in November. Since the markets were expecting this and it wasn’t a surprise, the USD slumped allowing risk-on currencies and gold to rally up.
US Retail Sales will be out on October 15 at 15:30 MetaTrader time (GMT+3).