Share: Mexican Peso gains as US Nonfarm Payrolls expand by only 150K, missing the 180K forecast. Weak US jobs report fuels speculation of multiple Fed rate cuts in 2024, as futures markets indicate. USD/MXN reacts to US labor market cooling, with the Peso hitting a two-month high and US Dollar Index falling. Mexican
© Reuters The US dollar experienced a rally this week, buoyed by rising yields and persistent investor concerns over inflation, according to recent market data. This surge has led to a decline in equities and the Euro-US dollar () exchange rate falling below 1.06. The latest US inflation data did little to alleviate these fears
USD/CAD ANLAYSIS & TALKING POINTS Crude oil, Israel-Palestine war and US data dynamic provide complicated backdrop for USD/CAD. US factors under the spotlight today. Key support break could see USD/CAD breakdown further. Elevate your trading skills and gain a competitive edge. Get your hands on the U.S. dollar Q4 outlook today for exclusive insights into
RBC Capital Markets provides a comprehensive look into the Swiss franc (CHF) as the Swiss National Bank (SNB) gears up for its third quarterly meeting of the year. The financial giant discusses its favourite CHF trade and offers an analysis of positioning in CHF pairs, notably USD/CHF. Key Points: SNB Meeting Anticipation: The forward curve
Need to be pragmatic and keep an open mind Perseverance is now key given the time needed for full transmission of policy French inflation is falling even without a recession Our growing confidence in inflation moving towards the 2% target is based on good transmission of policy Well, I’d like to chip in by saying