Wednesday, 19 February 2020

USD/MXN: Can Mexican Peso Rally Last Amid US Dollar Dominance?

A surging Mexican Peso has pushed USD/MXN price action nearly two percent lower so far this year despite broader US Dollar dominance, but can the downtrend in spot USD/MXN continue?

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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...