USD/MXN consolidates below 17.00 as investors await Fed policy decision – by Sagar_Dua24 USDMXN Fed PMI DollarIndex Inflation
by the Federal Reserve , which will be announced on Wednesday.
The reasoning behind the lackluster performance of the asset is the certainty among investors that the Fed will raise interest rates by 25 basis points to 5.25-5.50%. The trigger that could turn investors anxious is the interest rate guidance from Fed ChairS&P500 futures remain choppy in Asia, portraying a quiet market mood. US equities found buying interest on Monday after S&P Global reported upbeat preliminary factory activity data for July. Manufacturing PMI landed at 49.
On the Mexican Peso front, semi-annual inflationary pressures increase at a higher momentum in July. Headline Consumer Price Index elevated at a pace of 0.29% vs. the estimates of 0.27% and the former release of 0.02%. Core inflation that excludes volatile oil and food prices grew at a pace of 0.27% against the estimates of 0.22%.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
USD/MXN Price Analysis: Consolidates the biggest daily fall in two months above 200-SMAUSD/MXN Price Analysis: Consolidates the biggest daily fall in two months above 200-SMA – by anilpanchal7 USDMXN Technical Analysis SwingTrading ChartPatterns Mexico
Baca lebih lajut »
Oil rally takes a breather ahead of Fed and European Central Bank rate hikesInvestors have priced in quarter-point hikes from the Federal Reserve and European Central Bank, so focus will be on what will be said about future rate hikes.
Baca lebih lajut »
USD/MXN will see a fresh decline in due course back to the 16.6930 recent low – Credit SuisseEconomists at Credit Suisse analyze USD/MXN technical outlook. Scope for a consolidation phase to emerge The latest move to a new low for USD/MXN has
Baca lebih lajut »
Relentless U.S. stock rally faces Fed test By Reuters*WALL STREET WEEK AHEAD: RELENTLESS U.S. STOCK RALLY FACES FED, EARNINGS TEST $DIA $SPY $QQQ 🇺🇸 🇺🇸
Baca lebih lajut »
European markets set for mixed open ahead of busy earnings week, ECB meetingEuropean markets are expected to open in mixed territory as investors digest the inconclusive results of Spain's election and look ahead to a busy week.
Baca lebih lajut »
Dow futures slip, earnings and Fed decision in focus By Investing.com⚠️BREAKING: *U.S. STOCK FUTURES EDGE LOWER AHEAD OF BUSY EARNINGS WEEK, FED MEETING IN FOCUS $DIA $SPY $QQQ 🇺🇸🇺🇸
Baca lebih lajut »