Mexican Peso slips as monetary policy divergence with Fed fuels further upside. USD/MXN climbs 0.14% to 20.43 as Banxico signals additional 50-bps rate cuts. Mexico’s…
On Thursday, St. Louis Fed President Alberto Musalem warned that rising inflation expectations combined with the risk of stubborn stagflation could create a double challenge…
Banxico sees Q4 2024 GDP contraction, with 2024 growth slowing to 1.5%. Inflation falls to 3.69%, back within Banxico’s 2-4% target range. Most members anticipate…
The general US Dollar (USD) rebound that has developed over the course of this week is showing signs of stumbling, Scotiabank’s Chief FX Strategist Shaun…
Federal Reserve Bank of Chicago President Austan Goolsbee said late Wednesday that inflation has fallen but it is still too high. Key quotes Inflation has…
Reserve Bank of New Zealand Governor Adrian Orr said late Wednesday that New Zealand was now in an environment of low and stable inflation but…
Loonie weakens amid Trump tariff fears, BoC rate-cut uncertainty USD/CAD stays firm above 1.4200 as risk aversion lifts US Dollar. Canada’s rising inflation may delay…
Pound Sterling weakens as BoE expects an uptick in inflation to be temporary The Pound Sterling weakens against its major peers even though the United…
The release of January’s UK inflation data this morning has had little impact on the pound. Headline CPI accelerated to 3.0%, just above our 2.9%…
The Pound Sterling attracts bids after the release of a hotter-than-expected UK inflation report for January. BoE’s Bailey expects the uptick in inflation won’t be…