Saturday , 22 February 2025
Home Forex Mexican Peso falls as data hints economic deceleration
Forex

Mexican Peso falls as data hints economic deceleration

Mexican Peso registers losses versus the US Dollar during the North American session amid a slew of Federal Reserve (Fed) officials hitting the wires. Data from Mexico suggests the economy barely grew in April, according to the Instituto Nacional de Estadistica Geografia e Informatica (INEGI), ahead of revealing the release of the Gross Domestic Product (GDP) figures on May 22.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

German election preview: History will be made on Sunday, what to watch for

On Sunday, German voters go to the polls in a high-contested election....

FX Weekly Recap: February 17 – 21, 2025

The majors were all about trade tensions and central banks’ moves this...

Global Market Weekly Recap: February 17 – 21, 2025

Geopolitical developments continued to be a driving force in the markets, initially...

Gold rally takes a breather, still heading for eight straight weekly advance

Gold price slides late on Friday, poised to end the week positively,...