Economists at TD Securities like the Mexican Peso (MXN) and expect the USD/MXN pair to move lower.
Blogs
Fed Preview: Forecasts from 10 major banks, downplaying chances of imminent action
The US Federal Reserve (Fed) will announce its Interest Rate Decision on Wednesday, January 31 at 19:00 GMT and as we get closer to the release time, here are the expectations as forecast by analysts and researchers of 10 major banks.
Australian CPI Preview: Forecasts from six major banks, inflation to have declined further
The Australian Bureau of Statistics (ABS) will release the Consumer Price Index (CPI) for December and the fourth quarter (Q4) of 2023 on Wednesday, January 31 at 00:30 GMT and as we get closer to the release time, here are forecasts from economists and researchers of six major banks regarding the upcoming inflation data.
ECB's Makhlouf: We should remain open-minded about rate path
European Central Bank (ECB) policymaker Gabriel Makhlouf said on Tuesday that the essence of data-dependency suggests that they should remain open-minded about the interest rate path, per Reuters.
US CB Consumer Confidence Index rises to a two-year high of 114.8 in January
Consumer sentiment in the US continued to improve in January, with the Conference Board's Consumer Confidence Index rising to its highest level since December 2021 at 114.8 from 108.0 (revised from 110.7) in December.
United States JOLTS Job Openings above forecasts (8.75M) in December: Actual (9.026M)
United States JOLTS Job Openings above forecasts (8.75M) in December: Actual (9.026M)
Nonfarm Payrolls to Decide Dollar’s Fortunes
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Chinese PMIs in the Spotlight; Australian Inflation Key for Next Week’s RBA
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USDCAD Slides But Finds Support at Around 1.3410
<p><img width="612" height="331" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-cad59.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2020/03/f-cad59.jpg 612
Euro Steady Despite German GDP Decline
<p><img width="612" height="413" src="https://www.actionforex.com/wp-content/uploads/2018/07/f-eur64-e1600273272304.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp