Tuesday, 11 May 2021

USD/MXN Price Outlook: Mexican Peso Eyes Banxico Rate Decision

USD/MXN price action is in the crosshairs headed into the Banxico interest rate decision due later this week. Dollar-Peso volatility could also accelerate in response to US inflation data on deck.

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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...