Wednesday, 29 May 2019

USDMXN: Banxico GDP Cut Overlooked as US Trade Balance Eyed

The Mexican Peso gained against the US Dollar on Wednesday despite Mexico's central bank slashing 2019 GDP forecasts as currency markets await US Advanced Goods Trade Balance data tomorrow.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...