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The 17th Global Trading Competition of Followme is finally here! This annual event, designed especially for our community traders, is about to kick off. Registration officially opens on October 13, 2025 (UTC+2) and will remain open until January 5, 2026 (UTC+2). Here's a sneak peek at the key pre-ev

Oil prices are heading lower for a second day in a row ahead of the API release. Pemex reports that all of its Oil platforms and export terminals in the Gulf are back to operational after closing due to bad weather. The US Dollar Index trades around 107.00, up against most major peers. Crude Oil dec

What is the US Dollar Index? The US Dollar Index (DXY, DX, USDX) measures the value of the United States dollar relative to a basket of other currencies, including the currencies of some of the US’s major trading partners. The Dollar Index rises when the US dollar gains strength compared to the othe

Mexican President Claudia Sheinbaum announced Thursday that her administration is weighing tariffs on imports from countries lacking trade agreements with Mexico, notably China. The proposed measures are part of “Plan Mexico,” a broader initiative aimed at strengthening domestic industry in response

The White House announced early Tuesday that US President Donald Trump signed a proclamation adjusting imports of timber, lumber and derivative products into the United States (US). Additional details New tariffs on wood and lumber products from Oct. 14. 25% ad valorem duty to apply on some upholste

The Mexican Peso (MXN) edges slightly lower against the US Dollar (USD) on Wednesday, with the USD/MXN pair trading at 18.41 at the time of writing, up 0.3% on the day. However, the pair stabilizes near recent lows as the Mexican currency remains supported by the appeal of the interest rate differen

USD/MXN extends losses on improved risk sentiment.US Dollar Index declines to around 103.70 amid subdued US Treasury yields.Banxico officials expect the prospect of implementing the first rate cut in March. USD/MXN extends its losses for the second successive day, trading lower around 17.08 during t