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Mexican Peso edges higher after Banxico decision to cut interest rates
The Mexican Peso makes tepid gains following the Bank of Mexico (Banxico) meeting. The bank decided to cut interest rates by 25 bps and revised down its forecasts for inflation. USD/MXN steadily climbs within its rising channel. The Mexican Peso (MXN) edges higher in its major pairs on Friday, a day after the Bank of Mexico (Banxico)…
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EUR/USD forecast remains tilted to the upside amid narrowing rate differentials. The short-term view remains consolidating, with focus on German IFO data. Technical forecast is mildly bearish within the current consolidation, supported by 1.1470, with eyes on 1.1590. The EUR/USD forecast remains slightly up on Monday, as renewed odds of a December Fed rate cut…
Pound Sterling Price News and Forecast: GBP/USD climbs to three-day peak, approaches 1.3000
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Whether Netflix or Paramount buys Warner Bros., entertainment oligopolies are back – bigger and more anticompetitive than ever
By Matthew Jordan, Penn State News of Netflix’s bid to buy Warner Bros. last week sent shock waves through the media ecosystem. The pending US$83 billion deal is being described as an upending of the existing entertainment order, a sign that it’s now dominated by the tech platforms rather than the traditional Hollywood power brokers….
