Wednesday, 6 May 2020

US Dollar vs Mexican Peso Price: USD/MXN Tightens Towards a Breakout

The recent Mexican Peso pullback against the US dollar continues and is now threatening a supportive trendline as oil prices pick-up and risk sentiment increases.

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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...