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Mexican Peso pulls back from rally amid hawkish Fed remarks
Mexican Peso's rally halts following hawkish comments from Minneapolis Fed President Neel Kashkari. Mexico’s inflation report and Bank of Mexico's policy decision keep trading cautious; automotive data impresses while consumer confidence dips. Analysts expect Banxico to maintain rates for now, fores
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US bond yields, Dollar slide on Fed easing bias
Summary The Greenback weakened across the board after Fed Chair Jerome Powell reiterated the central bank’s easing bias despite a delay. Powell ruled out the possibility of a rate hike. The Fed kept its Fed Funds rate unchanged at 5.50%. The Dollar Index (DXY), a popular gauge of the Greenback’s val
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The highlight is the NFP report – Germany CPI figures could set the tone for market movements
As most traders have closely tracking the movements of the Japanese yen, we've just witnessed a dramatic turn of events that has left traders on edge and scrambling to react. For over a year, the Japanese yen has been steadily losing value due to various fundamental factors, prompting speculation ab
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