The USDMXN buyers are going ahead amid numerous bullish factors, including a slowdown in the global economy, persistently high US bond yields, and a worse peso performance in carry trades. Let us disc
Strong day for stocks The S&P 500 is up 60 points to 3858 in a big day for risk appetite. The Nasdaq is up 2.2% in a notable shift away from value and back to growth.
Statistics Canada Budget, year to date (April – September): C$-68.57B vs -57.15bln prior. The budget deficit is nothing new and weak oil is dragging the CAD down today.
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