Thursday, 11 February 2021

USD/MXN Bounces as Bank of Mexico Elects to cut rates by 0.25%

Following the Bank of Mexico's decision to cut rates by 25 bps, USD/MXN bounced towards 20.00 in immediate trade.

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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...