RSS USDMXN Forecast US Dollar Bounces After Slight Dip Against the Mexican Peso - 16 January 2025

[Crax Bot]

During the trading session on Wednesday, we saw quite a bit of volatility in this pair with the US dollar plunging after the CPI came in cooler than anticipated, with a core CPI reading of 0.23% month over month instead of the expected 0.3%. However, the fundamentals in this pair have not changed. This is still a holding pattern between now and the Trump administration taking over in about five days

Click to read more...