setups

The US dollar to Mexican peso exchange rate, currently at 17.1337, is now at 17.1200, experiencing a decrease of 0.53%. This movement occurred after the US Consumer Price Index (CPI) for August was slightly higher than the expected forecast of 3.6%.

The GBPJPY has risen to 184.106, recovering to positive territory for the day.

The New Zealand dollar to US dollar exchange rate, currently at 0.59161, has experienced a 0.30% increase and has reached the level of 0.5915.

The USDJPY pair is currently trading at 147.58, which is an increase of 0.34% from the previous value of 147.425. This rise in price is attributed to the US Consumer Price Index (CPI) for August, which has surpassed expectations by reaching a year-on-year growth of 3.7% instead of the predicted 3.6%.

Commerzbank maintains its "Symbolic forecast" for the USDTRY pair, predicting it to reach 30.00 by the end of the year.

The AUDUSD pair bounces back at a rate of 0.64141 as the US Dollar remains weak due to the concerning inflation report.

Three days of consecutive increases in the EUR/USD exchange rate have come to a stop at the price of 1.07333.

The price of silver, as represented by #XAGUSD, exhibited unpredictable fluctuations due to the persistently high inflation in the United States during August.

TDS predicts that if there is an unexpected increase in US inflation data, the price of gold may struggle to rise and could face downward pressure.

The EURJPY pair continues to rise and builds on the upward movement seen on Tuesday.