Thursday , 21 November 2024
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Your email address will not be published.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

ECBs Holzmann says warnings of undershooting 2% him himare not warranted

ECBs Holzmann is speaking and says: Warnings of undershooting 2% are not...

US stock futures implying a higher opening after data

US initial jobless claims came in stronger than expectations, but continuing claims...

GBP/USD: Little changed on the day – Scotiabank

UK government borrowing (GBP17.4bn) rose well ahead of expectations in October while...

Gold rallies on dovish Fedspeak and geopolitical tensions

Gold (XAU/USD) extends its recovery into a fourth day on Thursday, rising...