Mexico peso set to slip after expiry of US tariff hike freeze: Reuters poll

Mexico peso set to slip after expiry of US tariff hike freeze: Reuters poll
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Mexico peso set to slip after expiry of US tariff hike freeze: Reuters poll
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The Trump-Putin meeting taking place in Alaska today holds the potential to shift dynamics in the ongoing Ukraine conflict. However, any geopolitical developments emerging from it may not deliver as strong an impact on the US dollar as recent macroeconomic data has demonstrated. Yesterday’s Producer Price Index (PPI) spike prompted some hawkish recalibration of Federal…
The British pound has edged lower on Thursday. In the North American session, GBP/USD is trading at 1.3177, down 0.19% on the day. The pound has been busy and moved higher on Wednesday, with gains of 0.42%. This followed massive losses of 1.1% a day earlier, after UK gilts surged to a 27-year high. Bank…
Global GDP Growth 2025 has become one of the most discussed economic topics of the year. According to the Morgan Stanley global growth forecast, the world economy is expected to expand by around 2.9%, marking a clear sign of moderation. This figure signals that a global economic slowdown 2025 is unfolding, as multiple regions struggle…
The Euro eased on Thursday morning and signal that near-term bears off 1.1728 (Oct 17 lower top) are regaining control after limited and short-lived recovery attempts on Wednesday. The price has established below relatively thick daily Ichimoku cloud which continues to weigh on near-term action, after Wednesday’s bounce attempts stalled under initial barriers at 1.1631/35…
Crude oil spent a third consecutive day on Thursday successfully testing support at the 20-day average. Today’s low of $59.96 landed right near both the 20-day line and the 10-day average at $60.08, which is now rising and on the verge of crossing above the 20-day — a fresh sign of building strength. While the…
Tesla looks to China for solar buildout despite U.S. supply chain push. Summary Tesla in talks to buy $2.9B of solar manufacturing equipment from China Aims to build 100 GW of U.S. solar production capacity by 2028 Suzhou Maxwell among leading suppliers; others also in discussions Some equipment requires Chinese export approval Highlights reliance on…