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A recent Reuters poll suggests that Banco de Mexico (Banxico), the country’s central bank, is widely expected to lower interest rates by 0.50 percentage points (or 50 basis points) on March 27th. This anticipation comes as inflation in Mexico continues to ease and the economy experiences a slowdown. Economists Foresee Interest Rates Dropping to 8.25%

EUR/USD is currently trading near the 1.0820 level after the European trading session, marking its third consecutive day of decline. Despite a dip of over 1% this week, the recent bullish crossover between the 100-day and 200-day Simple Moving Averages (SMAs) could provide a strong foundation. Bearish momentum is building as indicators shift, with the

EUR/USD is currently navigating the 1.0830 region, witnessing a noticeable dip today. As anticipated, the pair’s correction continues to unfold, pushing lower as sellers now have their sights set on potentially testing the 1.0800 level. EUR/USD experienced downward pressure on Thursday after the European trading session concluded, sliding towards the 1.0830 area as bearish momentum

The Dow Jones is still hanging around just under the 42,000 mark on Wednesday. Market watchers are getting ready for the latest peek into the Fed’s “dot plot,” which shows where they think interest rates are headed. Investors are still hoping for the best, but some concerning signs in consumer data are becoming harder to

The US Dollar is bouncing back, shaking off earlier weakness and climbing away from a fresh five-month low on the US Dollar Index.  Market participants are buzzing about potential increased spending in Germany, possibly reaching a significant 0.5 trillion Euro.  As news breaks of discussions between Putin and Trump, the US Dollar Index finds its footing

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Gold Rockets to Record High, Briefly Touching $3,004 Before Cooling Down to $2,982 Amidst Dollar Rollercoaster. Geopolitical Heat Rises: Russia-Ukraine Truce Fails, China’s Gold Buying Spree Adds Fuel to the Fire. US Recession Clouds Gather After Gloomy Consumer Mood, Boosting Bets on Fed Rate Cuts in 2025. Gold took a breather after a wild ride,

Mexican Peso Climbs Higher, USD/MXN Takes a Dive Below 19.90 – Down Over 1%! Peso Defies Gloomy Economic News: Shrugs Off Weak Mexican Industry and Wobbly Consumer Confidence. Recession Fears Persist. US Consumer Mood Sinks as Inflation Worries Spike: Trump’s Tariff Plans Add to the Gloom. The Mexican Peso (MXN) showed its strength against the

GBP/USD is dipping, but hanging tough above the important 1.2900 level as things remain uncertain. In a surprise, the UK economy shrank by 0.1% in January, increasing speculation about potential interest rate cuts from the Bank of England. US consumers are expecting inflation to rise significantly, making the Fed’s decisions trickier, especially with those US

The Mexican Peso is gaining strength! USD/MXN is dropping towards the 20.00 mark as expectations grow for the Fed to ease up on interest rates. Disappointing data on Mexican factory output was shrugged off as improved market sentiment helped the Peso rise against a weaker US Dollar. Tensions are rising over US-Mexico trade! Mexican officials