Thursday, 25 June 2020

Mexican Peso: USDMXN Rises on Bank of Mexico Rate Cut

Mexican Peso price action drifted lower following the country's central bank cutting its overnight rate by 50 basis points, as expected.

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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...