Wednesday, 10 June 2020

US Dollar vs Mexican Peso: USD/MXN Gears Up for Next Move as FOMC Meeting Looms

USD/MXN has made a short-term bottom after a multi-week sell-off and now waits for the latest FOMC rate decision and Fed chair Jerome Powell’s press conference.

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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...