Mexican Peso set for strong weekly finish, eyes on upcoming Banxico meeting

[ad_1] 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.

Loonie Pauses on Upcoming US Drivers

[ad_1] 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

ECB’s Villeroy: Upcoming meeting decisions will be entirely data driven

[ad_1] 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