Saturday, 1 February 2020

USD/MXN Weekly Forecast: Mexican Peso Correction to Continue, Fundamentals are Weak

The Mexican Peso seems to have lost the upper hand against the US dollar and is facing a downward correction, supported by its weakening economic data.

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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...