USD/MXN drops as inflation cools down in Mexico, traders eye Banxico’s monetary policy decision

BY admin admin

The Mexican Peso (MXN) gains some traction as the USD/MXN pair edges lower after inflation data from Mexico portrays the deflationary process continue

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Australia AiG manufacturing dropped to 35.8 as unusual surge for manufactured food and groceries subsided

<p>Australia AiG Performance of Manufacturing Index dropped sharply by -17.9 pts to 35.8 in April. That’s the largest monthly decline on record, and suggests that manufacturing contracted

Forex

XAU/USD: Elliott wave analysis and forecast for 24/04/2020 – 01/05/2020

XAU/USD remains likely to grow. Estimated pivot point is at a level of 1658.67. Main scenario: consider long positions from corrections above the level of  1658.67 with a target of 1800.00 – 1850.00.

Forex

Westpac on potential oil output cuts – enough to offset the collapse in demand?

A snippet from WPAC on Thursday's OPEC+ meeting. — And, I really should note that nearly every time I post something on oil output cuts I get comments pointing out what WPAC have done above

Copyright © 2024 | WordPress Theme: Xews Lite