Banxico Deputy Gov Heath: Banxico cannot start easing cycle with so much risk

Banxico Deputy Govenor Heath has crossed the worse and stated that the current 8.25% rate is required.

  • Trump tariffs an almost permanent threat for Mexico.
  • Clarity on Pemex rating, trump needed before mulling rate cut.
     

USD/JPY hangs in the balance of geopolitical headlines ahead of the Fed

back above the U.S. dollar was a touch softer immediately after a benign US CPI report, which trampled on initial bids from the European lows of the
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USD/CHF technical analysis: Buyers concentrate on 200-day SMA while waiting for SNB

USD/CHF’s recent recovery still falls beneath 200-day SMA as it takes the rounds near 0.9950 ahead of the SNB meeting on Thursday.
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