Mexican Peso rebounds, but carry trade exodus still bites

The Mexican Peso recovers some ground versus the US Dollar, gaining 0.50%, but it remains poised to end the week with a 3% loss as investors exit the “carry trade” amid a narrowing of the interest rate differential between the US and Mexico to its lowest level since 2015. The USD/MXN edges down to 18.21, after peaking at 18.35….

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WTI Crude Oil: Elliott Wave Analysis and Forecast for 02.10.26–09.10.26

2026.10.02 2026.10.02 WTI Crude Oil: Elliott Wave Analysis and Forecast for 02.10.26–09.10.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 87.70 with a target of 105.17–115.50. A buy signal: the price holds above 87.70. Stop Loss: below 86.20, Take Profit: 105.17–115.50. Alternative scenario: Breakout and consolidation below 87.70 will…

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New Zealand Dollar rebounds as weak US jobs data, NZ election weigh

NZD/USD advances on Friday and trades around 0.5610 at the time of writing, up 0.12% on the day. The New Zealand Dollar (NZD) benefits mainly from the decline in the US Dollar (USD), which comes under pressure following a significantly weaker-than-expected employment report. However, concerns surrounding the New Zealand election limit the Kiwi’s bullish momentum. The United States (US)…

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XAU/USD: Elliott Wave Analysis and Forecast for 02.10.26–09.10.26

2026.10.02 2026.10.02 XAU/USD: Elliott Wave Analysis and Forecast for 02.10.26–09.10.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 4,098.40 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 4,098.40. Stop Loss: below 4,030.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below 4,098.40 will allow the…

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