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16 Dec 2024
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Dec 16, 2024
US Dollar holds steady as markets look to Fed decision
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades slightly lower on Monday after a string of data and headlines placed added attention on the upcoming Federal Reserve (Fed) rate decision.
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Dec 16, 2024
Mexican Peso descends modestly as market eyes Fed and Banxico decisions
The Mexican Peso begins the week on the back foot, yet it remains near the 50-day Simple Moving Average (SMA) at 20.11 as US business activity expanded in the services sector while manufacturing remains depressed.
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