Market Analysis
AUD/USD week ahead: US CPI and ECB decision, 2026-06-08
AUD/USD faces US inflation data Wednesday and ECB rate decision Thursday after dropping 1379 pips last week.
2 min leesUSDMXN opened Monday at 17.3518 and closed Friday at 17.4630, gaining 1,112 pips or 0.64% on the week. The pair surged 2,552 pips on Friday alone, its largest single-day move of the week.
Wednesday's US CPI release at 12:30 UTC dominates the calendar. Core CPI is forecast to accelerate to 0.5% month-on-month from April's 0.4%, while headline CPI is expected to slow to 0.3% from 0.6%.
Thursday brings a double header with the Bank of Canada rate decision at 13:45 UTC (consensus: hold at 2.25%) and the ECB rate announcement at 12:15 UTC. The ECB is widely expected to hike its main refinancing rate to 2.40% from 2.15%. US PPI data lands the same day.
If US core CPI prints above the 0.5% forecast, peso weakness typically accelerates as the dollar strengthens broadly. A reading at or below 0.4% would reverse Friday's surge and pull the pair back toward 17.30.
The ECB decision adds complexity. A hawkish surprise (rates above 2.40% or aggressive forward guidance) could weaken the dollar index and cap USDMXN gains. A dovish ECB would compound any dollar strength from hot US inflation data.
Traders enter Monday with 61.8% of positions long USDMXN and 38.2% short. This bullish skew reflects momentum from Friday's breakout and sets up for potential profit-taking if CPI disappoints dollar bulls.
Friday's high at 17.5335 stands as immediate resistance. A daily close above it opens the path to 17.60. Support sits at the pre-surge level near 17.28, then the week's low at 17.2583. These are reference levels for context, not entry signals.
Open an LHFX account to trade USDMXN this week.
Byline: LHFX Research
Risk disclaimer. CFD trading involves substantial risk and is not suitable for every investor. Leverage works both ways and can amplify losses beyond your initial deposit. The analysis above is general market commentary and does not constitute investment advice or a recommendation to buy or sell any instrument. LHFX is regulated by the FSC Mauritius and the FSCA in South Africa.
LHFX bestaan uit die volgende entiteite:
LHFX is 'n handelsnaam van Longhorn Ltd, 'n Mauritiuse maatskappy gemagtig en gereguleer deur die Financial Services Commission Mauritius onder die Investment Dealer-lisensienommer GB23202204, Kode SEC-2.1B. Kantooradres: Suite 102, 1ste Verdieping, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius. GBC-nommer C200455
LHFX SA (PTY) Ltd is 'n gemagtigde Finansiëlediensverskaffer ("FSP") geregistreer en gereguleer deur die Finansiële Sektor Gedragsowerheid ("FSCA") van Suid-Afrika onder lisensienommer 52816. Geregistreerde adres: 1 Hood Avenue Rosebank Johannesburg Gauteng 2196
Longhorn Ltd bied nie Fiat-wisselkursdienste of Kriptogeldwisselkursdienste aan nie.
Die inligting op hierdie webwerf stel nie 'n aanbod of uitnodiging voor om aan enige beleggings- of handelsaktiwiteit deel te neem in enige jurisdiksie waar sodanige aktiwiteit in stryd sou wees met plaaslike wet of regulasie nie, en moet ook nie so vertolk of verstaan word nie.
LHFX verskaf nie dienste aan burgers en inwoners van die Verenigde State of enige land waar sodanige verspreiding of gebruik strydig sou wees met plaaslike wet of regulasie nie.
RISIKAWAARSKUWING
Margehandel in buitelandse valuta, virtuele bates of ander buite-beurs-produkte op marge dra 'n hoë vlak van risiko en is moontlik nie vir almal geskik nie. Ons adviseer u om noukeurig te oorweeg of handel vir u gepas is in die lig van u persoonlike omstandighede.
CFD's is komplekse instrumente en dra 'n hoë risiko van geldverlies as gevolg van hefboom. Oorweeg of u verstaan hoe CFD's werk en of u die hoë risiko van geldverlies kan bekostig.
Belasting mag betaalbaar wees op enige winste en u behoort onafhanklike advies oor u belastingposisie in te win.