Monday, 2 August 2021

Mexican Peso Outlook: Growing Delta-Variant Fears Could Propel USD/MXN Higher

The Mexican peso has largely traded with a positive bias against the dollar since July 21, but rising COVID-19 risks could sour market mood and weigh on EMFX in the coming weeks.

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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...