Thursday , 23 January 2025
Home Forex Mexican Peso depreciates as traders eye Banxico rate cut
Forex

Mexican Peso depreciates as traders eye Banxico rate cut

The Mexican Peso extended its losses for the fourth straight day against the Greenback, erasing earlier gains as traders digested mixed economic data from Mexico, while S&P Global revealed that business activity in the US remains solid but ticked lower.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

ForexLive Asia-Pacific FX news wrap: China directs (big) money into stock market

Bank of Japan meet on Friday - will it be the fifth...

Bank of Japan meet on Friday – will it be the fifth rate hike in 20 years?

Late news:Bank of Japan monetary policy board member Nakamura is attending the...

Ahead of the Bank of Japan decision on Friday are CPI data for December 2024

Japanese inflation data is due at 2330 GMT (1830 US Eastern time)...

It appears NASDAQ’s Twitter (X) account was hacked and used to promote memecoin ‘STONKS’

Here is the summary of reports coming out:Nasdaq’s official X (formerly Twitter)...