x
M e x M o n e y

info@mexmoney.com

Mex Money Help Center
Search

Updates:

Save up to 30%* on our Merchant Card Processing.

More Details

Dear Customer, We have launched AI powered KYC & KYB facility for New customer account opening.

logo

Mex Media

Banking Capital Markets Forex Technical Analysis
October 31, 2023
By admin

USD/MXN Price Analysis: Hovers near 18.0700 aligned with the barrier at seven-day EMA

USD/MXN snaps a three-day losing streak, trading higher around 18.0700 during the Asian session on Tuesday, followed by the key resistance around the seven-day Exponential Moving Average (EMA) at 18.1310 lined up with the key level at 18.2000. A firm breakthrough above the barrier could open the doors for the USD/MXN pair to explore the […]

Continue Reading
Banking Capital Markets Forex Technical Analysis
October 31, 2023
By admin

USD/INR trades flat amid multiple challenges

Indian Rupee (INR) trades flat on Tuesday amid multiple challenges. A pullback in US Treasury bond yields and lower oil prices lift the INR on the day. Nonetheless, the equity outflows might exert pressure on the INR as overseas investors sold $1.67B in Indian equities in October. Additionally, the challenges from the Middle East geopolitical […]

Continue Reading
Banking Economic Forex
October 31, 2023
By admin

German Retail Sales drop 4.3% YoY in September vs. -2.3% previous

Germany’s Retail Sales declined 0.8% MoM in September versus a 0.5% increase expected and -1.2% in August, the latest official data released by Destatis showed on Tuesday. On an annual basis, Retail Sales in the Eurozone’s top economy dropped 4.3% in September versus a 2.3% decline seen in August. EUR/USD reaction to the German data The Euro is recovering losses […]

Continue Reading
Economic Forex Technical Analysis
October 31, 2023
By admin

Pound Sterling faces pressure ahead of BoE policy, Middle East tensions

The Pound Sterling (GBP) drops as investors turn risk-averse amid upside risks to Middle East tensions and anxiety ahead of the interest rate decision by the Bank of England (BoE). The GBP/USD pair faces selling pressure as the BoE is expected to keep interest rates unchanged at 5.25%, which will keep policy divergence with the Federal Reserve (Fed) intact. The reasoning […]

Continue Reading
Capital Markets Forex Technical Analysis
October 31, 2023
By admin

USD Index resumes the upside and rebounds to 106.40 ahead of data

The greenback, in terms of the USD Index (DXY), regains some upside impulse and advances to the 106.40 zone ahead of the opening bell in Euroland on Tuesday. USD Index focuses on data, Fed The index leaves behind two daily pullbacks in a row and revisits the 106.40 area on the back of the knee-jerk in […]

Continue Reading
Capital Markets Forex Technical Analysis
October 27, 2023
By admin

USD/CAD hovers below 1.3820, retreats from the highs since March

USD/CAD snaps a three-day winning streak, retreating from the seven-month highs. The spot price trades around 1.3820 during the early European session on Friday. The pair faces challenges due to the higher Crude oil prices amid geopolitical tension pertaining to the Israel-Hamas conflict. Western Texas Intermediate (WTI) trades higher near $84.20 per barrel by the press time. The […]

Continue Reading
Banking Capital Markets Forex Technical Analysis
October 27, 2023
By admin

Euro remains under pressure near 1.0550, looks at US PCE

So far, the Euro (EUR) appears fragile vs. the US Dollar (USD), prompting EUR/USD to trade within a tight range around the mid-1.0500s in the wake of the opening bell in Europe on Friday. In the interim, the Greenback manages to keep the trade in the upper end of the weekly range near 106.70 when measured by […]

Continue Reading
Capital Markets Economic Forex Technical Analysis
October 27, 2023
By admin

US Core PCE Inflation Preview: Federal Reserve preferred price gauge expected to slow in September

The Core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation gauge, will be released by the US Bureau of Economic Analysis (BEA) at 12:30 GMT. What to expect in the Federal Reserve’s preferred PCE inflation report? The Core Personal Consumption Expenditures (PCE) Price Index, which excludes food and energy, is […]

Continue Reading
Banking Capital Markets Commodities Forex Technical Analysis
October 27, 2023
By admin

Good Morning Europe

Bulls on WTI (OIL.WTI) managed to once again defend the $83 area, marked with the 38.2% retracement of a recent upward move. However, price remains nearby and another test of this support cannot be ruled out. Source: xStation5

Continue Reading
Capital Markets Forex Technical Analysis
October 27, 2023
By admin

EUR/JPY attracts some sellers above 158.50 ahead of Eurozone data

The EUR/JPY cross loses ground during the early European trading session on Friday. The cross currently trades around 158.61, up 0.01% for the day. Market players await the Spain’s Gross Domestic Product (GDP) estimated for the third quarter. The quarterly and annual growth numbers are expected to expand by 0.3% and 1.6%, respectively. The recent […]

Continue Reading

Popular Post

Awesome Image

Small Steps to Your
Better Future.

  • Business Banking
  • Personal Banking
Get Support

Reema Hussein

Senior HR Officer