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 Economic Forex Technical Analysis
November 2, 2023
By admin

UK Interest Rate Decision Preview: BoE set to stand pat for second consecutive time despite high inflation

The Bank of England’s (BoE) Monetary Policy Committee (MPC) is meeting this week to decide the future of monetary policy and will announce its decision on Thursday, November 2. The central bank will publish the Monetary Policy Report alongside it, which offers the economic analysis and inflation projections that the MPC uses to make its […]

Continue Reading
Banking Forex Technical Analysis
November 2, 2023
By admin

EUR/USD gains traction near 1.0600, eyes on US NFP data

The EUR/USD pair surges above 1.0580 during the early Asian session on Thursday. The weaker US Dollar (USD) after the Federal Open Market Committee (FOMC) policy meeting lends some support to the major pair. EUR/USD currently trades around 1.0597, up 0.26% on the day. The FOMC decided to keep the federal funds rate unchanged at 5.25–5.50% on […]

Continue Reading
Banking Capital Markets Technical Analysis
November 1, 2023
By admin

Sentiment in Europe Moves Lower

Overall market situation: Wednesday’s session on European markets, despite initial gains, is currently showing moderate declines on most stock market benchmarks. It is worth mentioning that, in view of the observance of All Saints’ Day, volatility on European markets may be somewhat lower today. Investors’ attention will turn today towards a number of macro data […]

Continue Reading
Commodities Precious Metals Technical Analysis
November 1, 2023
By admin

Gold price retreats as investors turn cautious ahead of Fed policy meeting

Gold price (XAU/USD) extends its two-day losing spell as investors turn cautious ahead of the interest rate decision by the Federal Reserve (Fed). The precious metal falls sharply even though markets widely expect that the Fed will keep interest rates unchanged in the 5.25%-5.50% range. However, a hawkish interest rate outlook is highly anticipated as robust spending […]

Continue Reading
Banking Capital Markets Technical Analysis
November 1, 2023
By admin

Chart of The Day (TNOTE)

We have a very interesting day ahead of us in terms of the publication of important data and monetary decisions in the US. In addition to the final PMI data, ADP and JOLTS readings, as well as the key FOMC decision (along with Powell’s conference call immediately following it), investors will also learn about the […]

Continue Reading
Capital Markets Forex Technical Analysis
November 1, 2023
By admin

USD/CHF consolidates its gains, eyes on Fed rate decision, SNB’s Jordan speech

The USD/CHF pair consolidates its recent gains after climbing to multi-week highs of 0.9107 during the Asian session on Wednesday. Investors await the highly anticipated Federal Open Market Committee (FOMC) policy meeting later on Wednesday, with no change in rate expected. The pair currently trades around 0.9097, down 0.07% on the day. The US Chicago […]

Continue Reading
Capital Markets Commodities Precious Metals Technical Analysis
November 1, 2023
By admin

Gold price remains depressed near weekly low amid expectations for hawkish Fed outlook

Gold price (XAU/USD) extends the previous day’s retracement slide from the vicinity of a five-and-half-month peak touched last week and continues losing ground for the third successive day on Wednesday. The precious metal maintains its offered tone heading into the European session and currently trades near the weekly low, around the $1,978 region. Easing concerns […]

Continue Reading
Capital Markets Commodities Energy Commodities Technical Analysis
November 1, 2023
By admin

WTI trades with modest losses below $81.00, seems vulnerable near two-month low

West Texas Intermediate (WTI) Crude Oil prices trade with a negative bias for the third successive day on Wednesday and languish near a two-month low touched the previous day. The commodity remains depressed below the $81.00/barrel mark through the Asian session and seems poised to weaken further in the wake of easing global supply concerns. Market participants seem […]

Continue Reading
Capital Markets Forex Technical Analysis
November 1, 2023
By admin

EUR/USD Price Analysis: Hovers above the 1.0550 key level ahead of Fed decision

EUR/USD consolidates ahead of the Federal Open Market Committee (FOMC) policy decision with the expectation of maintaining the current interest rate at 5.5% in November’s meeting. The pair trades lower near 1.0570 during the Asian session on Wednesday. The Eurozone Harmonised Index of Consumer Prices (HICP) exhibited a significant slowdown in a report released on Tuesday, […]

Continue Reading
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

Popular Post

Awesome Image

Small Steps to Your
Better Future.

  • Business Banking
  • Personal Banking
Get Support

Reema Hussein

Senior HR Officer