Friday , 22 November 2024
Home Forex Mexican Peso trades higher on positive market mood, robust Mexican data
Forex

Mexican Peso trades higher on positive market mood, robust Mexican data

The Mexican Peso (MXN) trades marginally higher on Monday, supported by a rise in risk appetite after lower-than-expected US jobs’ data raised hopes the Federal Reserve (Fed) will move to cut interest rates, reducing borrowing costs for businesses and consumers.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Eurostoxx futures +0.2% in early European trading

German DAX futures +0.2%French CAC 40 futures +0.1%UK FTSE futures +0.4%This follows...

UK Retail Sales decline 0.7% on a monthly basis in October vs. -0.3% expected

The UK's Office for National Statistics (ONS) reported on Friday that Retail...

United Kingdom Retail Sales ex-Fuel (YoY) registered at 2%, below expectations (3.3%) in October

United Kingdom Retail Sales ex-Fuel (YoY) registered at 2%, below expectations (3.3%)...

Germany Gross Domestic Product w.d.a (YoY) dipped from previous 0.2% to 0.1% in 3Q

Germany Gross Domestic Product w.d.a (YoY) dipped from previous 0.2% to 0.1% in...