Saturday, January 11

Tag: Consumer Price Index

Mexican Peso stays firm as focus shift to FOMC minutes

Mexican Peso stays firm as focus shift to FOMC minutes

Business
Mexican Peso reveals durability, partially dipping to 20.29 in spite of strong United States services sector development and task market information. Trump rejects narrow tariff strategies, improving the United States Dollar, yet the Peso preserves its ground versus market variations. Approaching Mexican CPI information waited for as financial indications from the United States continue to form Fed rate expectations. The Mexican Peso published very little gains versus the Greenback on Tuesday after information recommended that the United States (United States) economy stayed strong, while traders pared back the Federal Reserve's (Fed) very first rates of interest cut till July. At the time of composing, the USD/MXN trades at 20.27, down 0.16%. The monetary markets continued to show ...