Thursday, 18 November 2021

Mexican Peso Falls as Turkish Lira Crisis Saps EMFX Sentiment, USD/MXN Eyes Resistance

The Turkish Lira plunge weighs on EMFX through the sentiment channel, causing moderate losses for the Mexican peso, but contagion and spill-over should be limited in the near-term.

from DailyFX - Market News https://ift.tt/3CyYDhY
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

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...