Indian Rupee weakens for the fourth consecutive day on Thursday. The USD demand from importers, India’s election-related risks and foreign outflows in Indian equities weigh on...
The Indian Rupee (INR) trades in negative territory for the third consecutive day on Wednesday. The combination of a firmer USD, the Fed’s hawkish comments, and...
Mexican Peso recovers ground against the US Dollar, trading at 16.64, down 0.09%. Mexican economic data reveals an April trade deficit and a Q1 2024 Current...
Mexican Peso recovers slightly, breaking three-day losing streak. Mexico’s wider April trade deficit and slower economic growth are reported by INEGI. Banxico minutes show division on...
Mexican Peso drops versus US Dollar amid GDP slowdown and Banxico Minutes highlighting inflationary pressure. Banxico revises inflation outlook and expects convergence to 3% target by...
Indian Rupee trades softer on Thursday. Foreign outflows in India and the Fed’s hawkish remarks exert some selling pressure on the INR. Investors will closely monitor...
Mexican Peso registers losses as USD/MXN trades at 16.68, up more than 0.30%. Federal Reserve meeting minutes showed that officials could raise rates if inflation warrants it....
Indian Rupee loses momentum on Wednesday. Fed officials stick to a cautious approach, boosting the Greenback. The FOMC Minutes and Fed’s Goolsbee speech are in the...
Mexican Peso edges down 0.30% against US Dollar, trading at 16.64. Mexico’s April Economic Activity Indicator shows minimal growth with Q1 2024 GDP expected to be...
Indian Rupee edges lower amid renewed USD demand on Tuesday. The ongoing Indian equity outflows might weigh on the INR. Speeches by Fed’s Waller, Williams, Barr,...
Mexican Peso drops 0.51% against USD after Banxico Governor suggests potential rate cuts. Governor Rodriguez Ceja notes core inflation’s downtrend, fueling speculation of a June 27...
Mexican Peso depreciates against US Dollar, late during the North American session. Banxico’s decision to maintain the interest rate at 11.00%, sponsored the latest leg down...
Mexican Peso appreciates, trading at 16.90 against US Dollar, a 0.26% decline for USD/MXN amid a busy economic week. Mexico’s key economic events include Consumer Confidence...
Mexican Peso gains, with USD/MXN falling below 17.00, reflecting a 0.11% decrease after disappointing US labor reports. Mexico’s Gross Fixed Investment shows mixed results; Private Consumer...
Indian Rupee drifts higher on Friday amid the softer Greenback. The positive outlook in the Indian economy and capital inflows support the INR. Investors await the...
Indian Rupee rebounds on Thursday amid a softer USD. The Fed Chair Powell pushed back against the possibility of rate hikes, exerting selling pressure on the...
Mexican Peso edges up 0.50% against the US Dollar as traders await the Federal Reserve’s policy announcement. Mexico’s Q1 2024 GDP growth slows to 1.6% year-over-year,...
Mexican Peso falls over 0.41% after Mexico’s Q1 GDP growth underperforms expectations. Stronger-than-expected US Employment Cost Index bolsters US Dollar, diminishing prospect for imminent Fed rate...
Mexican Peso gains over 0.7%, capitalizing on US Dollar pullback triggered by Japanese intervention in Forex markets. Mexico’s economic agenda is light today, but pivotal releases...
Indian Rupee trades in negative territory despite the weaker USD on Monday. Analysts anticipate the RBI will continue to keep its policy rate steady at 6.5%...