Saturday, 16 May 2020

USD/MXN Outlook: Another Rate Cut Sees Mexican Peso Resilience

Banxico has applied another 50 bps cut showing that they have ample room to apply further downgrades

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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...