Tuesday, 14 September 2021

Mexican Peso Retains Positive Outlook, but Near-Term Weakness Cannot Be Ruled Out

Easing inflation in the U.S. could lead the Fed to be more patient before tapering stimulus, an outcome that could weigh on the dollar and boost EMFX such as the Mexican peso in the medium term.

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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...