Monday, 20 April 2020

USD/MXN Price Primed for Uptrend Continuation Amid Oil Rout

The US Dollar to Mexican Peso looks set to continue its surge as crude oil crashes. USD/MXN price action has skyrocketed 30% since mid-February, but is down about 7% from its year-to-date high.

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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...