Tuesday , 17 December 2024
Home Forex Mexican Peso weakens before Banxico monetary policy decision
Forex

Mexican Peso weakens before Banxico monetary policy decision

The Mexican Peso begins the week on the back foot, yet it remains near the 50-day Simple Moving Average (SMA) at 20.11 as US business activity expanded in the services sector while manufacturing remains depressed.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Australian monthly consumer confidence survey falls 2% in December

Westpac–Melbourne Institute Consumer Sentiment Index for December 2024 falls 2% m/m to...

Standard Chartered is bullish US equities next year

Standard Chartered is bullish US equities next year. Their reasoning includes:Trump's election...

Interactive Brokers chairman Thomas Peterffy nominates Bitcoin crash as a big risk

Interactive Brokers chairman Thomas Peterffy spoke in an interview with Bloomberg. bitcoin...

Scaramucci predicts Bitcoin to US $200,000 by the end of 2025

Scaramucci is the founder of investment firm SkyBridge Capital and long-time crypto...