technical

USD/MXN is showing a modest rebound, but the broader downtrend remains intact as peso strength continues to dominate due to favorable rate differentials and strong economic ties to the U.S.

Bitcoin retraced early Wednesday gains as traders remain cautious around Fed policy direction, with key support at $110,000 and resistance near $120,000.

EUR/GBP has broken key resistance at 0.8750 and is targeting 0.89, fueled more by persistent GBP weakness than strong euro demand, with a pullback offering potential long entries.

Crude oil is consolidating below $62, with supply-heavy fundamentals and macroeconomic risks capping upside, while a drop toward $58.50 remains a plausible scenario.

The Canadian dollar saw short-term strength after the BoC rate cut, but USD/CAD remains poised for a bullish breakout above 1.40 if FOMC guidance favors the greenback.

The FTSE 100 continues its bullish breakout, driven by a weaker pound and expectations of Bank of England rate cuts, with 10,000 as the next key target.