Monday, 9 August 2021

USD/MXN Crawls Higher Ahead of U.S. CPI Data & Banxico’s Rate Decision

USD/MXN could gain momentum and charge higher in the coming days if US inflation data surprises to the upside and reinforces expectations of an early tapering of stimulus.

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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...