[ad_1] © Reuters. A twenty pesos coin is seen, as Mexico’s Central Bank (Banco de Mexico) puts into circulation a twenty pesos coin which commemorates the 100th anniversary of the arrival of the Mennonites to the country, in this picture illustration taken August 9, 2022. MEXICO CITY (Reuters) -Mexico’s peso on Friday hit its highest
[ad_1] US Dollar, DXY Index, USD, China PMI, Fed, AUD, NZD, Japan YCC, BoJ, HSI – Talking Points The US Dollar resumed strengthening again today as yields go north The Fed’s Kashkari hit the wires warning of potential labour market strains The Bank of Japan is allowing bond yields to go higher. Will that impact
[ad_1] © Reuters Investing.com – The U.S. dollar edged higher in early European trade Monday, but is on course for a monthly loss as traders weigh up the possibility of an end to the Federal Reserve’s tightening cycle, while the Japanese yen weakened in the wake of the Bank of Japan’s monetary policy shift. At
[ad_1] Share: The US Dollar is slightly weaker against its major rivals to begin the week. The US Dollar Index stays above 101.50 after posting gains last week. US jobs report and other high-tier data releases this week could drive USD performance. The US Dollar stays marginally weaker on Monday after posting strong
[ad_1] Australian Dollar, China PMI, Hang Seng Index, CSI 300, AUD/USD, RBA – Talking Points The Australian Dollar briefly pipped higher after Chinese data beat expectations If China can gain economic momentum, it could have implications for AUD Tomorrow’s RBA meeting moves into view. Will AUD/USD continue to recover? Recommended by Daniel McCarthy How to
[ad_1] Market Recap Another downside surprise in US core Personal Consumption Expenditures (PCE) price index paves the way for Wall Street to resume its rally last Friday (DJIA +0.50%; S&P 500 +0.99%; Nasdaq +1.90%) as promising inflation progress reaffirmed market expectations for a Fed rate pause. The core PCE index for June registered a 4.1%
[ad_1] Recommended by Daniel Dubrovsky Get Your Free USD Forecast The US Dollar mostly outperformed its major counterparts this past week, especially against the Euro, Australian Dollar, and New Zealand Dollar. This is despite a Federal Reserve that raised rates and did little to bolster further tightening bets down the road, leaving a data-dependent path.
[ad_1] Share: The US Dollar struggles to build on weekly gains on Friday. The US Dollar Index stays near 101.50 following Thursday’s rally. US PCE inflation data for June came in softer than expected. The US Dollar stays under modest selling pressure on Friday after posting strong gains against its rivals on Thursday. The
[ad_1] Share: The Australian Dollar plunges through support following the release of US Q2 GDP. Downside pressure maintains on the Aussie after the release of US PCE inflation data for June. The Fed Chairman said he could not confirm if there would be further rate hikes, noted a fall in Core CPI and strength
[ad_1] © Reuters. FILE PHOTO: An informal currency trader holds U.S. Dollar bills on a street, in La Paz, Bolivia March 6, 2023. REUTERS/ Claudia Morales/File Photo LA PAZ (Reuters) – Bolivia’s government is determined to curb dependence on the U.S. dollar for foreign trade, instead turning to the , officials said, as Latin American
