Trading news
Jan 26, 2024
Mexican Peso advances amid positive trade data, soft US inflation figures
The Mexican Peso (MXN) stays on a mission and climbs for the third straight day versus the US Dollar (USD) after data from Mexico suggests the Trade Balance expanded more than expected, while inflation data in the United States (US) was softer.
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Jan 26, 2024
US Dollar trades at loss following the release of December's PCE data
The US Dollar (USD) Index is presently grappling with losses, trading at 103.35 on the DXY, in response to the release of softer Personal Consumption Expenditures (PCE) data for December, which gave the doves hope of earlier rate cuts.
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