Mexican Peso Slides as USMCA Uncertainty Rattles Currency Markets
The Mexican Peso experienced a sharp decline against the US dollar today, triggered by fresh uncertainty surrounding the United States-Mexico-Canada Agreement (USMCA). The
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Banxico Survey Shows Private Economists Lowering Mexico Inflation Forecasts
The latest survey conducted by the Banco de México (Banxico) indicates that private-sector economists have revised their inflation expectations downward for Mexico. The
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US Dollar Holds Firm as Mixed Data and Central Bank Caution Precede NFP Report
The US Dollar maintained its strength on Thursday, trading near recent highs as markets digested a mixed batch of economic data and cautious
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South Korean Won Stays Rangebound Against US Dollar, Societe Generale Says
The South Korean Won is trading within a narrow range against the US Dollar, according to analysts at Societe Generale. The currency pair
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Thai Baht Supported by Stable Domestic Conditions, Commerzbank Analysts Say
Analysts at Commerzbank have issued a note highlighting the Thai Baht’s recent resilience, attributing the currency’s stability to a combination of favorable domestic
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Italy’s Public Deficit-to-GDP Ratio Soars to 7.8% in Q1 2024, Raising EU Scrutiny
Italy’s public deficit as a percentage of GDP widened dramatically in the first quarter of 2024, jumping to 7.8% from a revised -1.4%
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Dollar Strengthens as Robust U.S. Data and Hawkish Fed Comments Fuel Rate Hike Bets
The U.S. dollar firmed against major peers on Tuesday, extending its recent rally as a fresh batch of strong economic data and hawkish
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Indian Rupee Gains Capped by RBI Intervention, Says Societe Generale
The Indian rupee’s potential for further appreciation against the US dollar is being limited by the Reserve Bank of India’s (RBI) active intervention
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Eurozone Bond Yields Steady as Markets Await Inflation Data and Lagarde Speech
Eurozone government bond yields remained largely unchanged on Wednesday as investors held their breath ahead of key euro area inflation data and a
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US Dollar Index Holds Gains Near 101.35 as Market Awaits Fed’s Warsh Speech
The US Dollar Index (DXY) maintained its upward momentum on Tuesday, trading near the 101.35 mark as traders turned their attention to an