Saturday, 6 November 2021

Mexican Peso Forecast: USD/MXN to Retain Bearish Bias Post-Fed Ahead of Banxico

Widespread bullish sentiment and monetary policy divergence between Banxico and the Fed may create an ideal scenario for the Mexican peso to appreciate against the U.S. dollar in the short 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...