© Reuters The Mexican peso’s recent surge against the US dollar took a breather today with the pair ticking up to 17.18, despite a general weakness in the dollar across Forex markets. Investors are closely watching Mexico’s economic indicators, such as retail sales and mid-November inflation data, which are expected to influence the Bank of
POUND STERLING ANALYSIS & TALKING POINTS BoE peak rate market pricing continues to fall. UK labor data & US CPI the focal points this week. 1.25 tentatively holds. Recommended by Warren Venketas Get Your Free GBP Forecast GBPUSD FUNDAMENTAL BACKDROP The British pound has started the week on the front foot as the US dollar
Investors are waiting for the publication today (at 12:30 GMT) of new US macro data, this time on export/import prices and retail sales. It is the main leading indicator of consumer spending, which accounts for most of the total economic activity of the population, while domestic trade accounts for the largest part of GDP growth.
