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Mexican Peso rockets as USD/MXN falls to 18.00 ahead of the weekend
The Mexican Peso rallied for the second straight day against the US Dollar on Friday after President-elect Claudia Sheinbaum revealed the first members of the cabinet on Thursday, which were cheered by investors.
Fxstreet
Jun 21, 2024
Canadian Dollar snaps five-day win streak despite firm Retail Sales beat
The Canadian Dollar (CAD) is struggling to overtake the US Dollar (USD) on Friday, buckling under the weight of a thin, five-day win streak against the Greenback after the US Purchasing Managers Index (PMI) firmly beat forecasts, bolstering the Greenback and leaving the CAD to compete for second place.
Fxstreet
Jun 21, 2024
EUR/USD can trade lower into the US core PCE/French election events – ING
With dovish signals from the European Central Bank’s (ECB) major European counterparts (the Bank of England and Swiss National Bank) and investors' nerves still quite jittery on EU fiscal and political developments, the Euro is understandably under some pressure in the latter half of this week, Francesco Pesole, FX Strategist at ING argues.
Fxstreet
Jun 21, 2024
USD/CAD: Second consecutive weekly gain is on the cards – Scotiabank
The Canadian Dollar (CAD) is little changed on the session after edging through the upper 1.3600s in overnight trade, but it is having a decent week relatively speaking, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Jun 21, 2024
USD/JPY rallies past 159 on rebound in US Dollar, Japanese disinflation
USD/JPY continues its relentless climb, reaching the 159s on Friday – only one big figure away from the April highs of 160.32, where the Japanese authorities finally stepped in to prevent a further depreciation of their currency.
Fxstreet
Jun 21, 2024
Mexican Peso gets a lift from cabinet appointments
The Mexican Peso (MXN) continues recovering on Friday on the back of optimism regarding incoming-President Claudia Sheinbaum’s top cabinet picks and the expectations that higher interest rates in Mexico will continue attracting foreign capital to its shores.Fxstreet
Jun 21, 2024
Eurozone Preliminary Manufacturing PMI declines to 45.6 in June vs. 47.9 expected
The Eurozone manufacturing sector downturn gathered momentum again while the services sector activity deteriorated in June, according to the data from the HCOB's latest purchasing managers index survey published on Friday.Fxstreet
Jun 21, 2024
