The Mexican Peso (MXN) trades with minor gains against the US Dollar (USD) on Friday, regaining some of the ground lost following a ”hawkish cut” by the Federal Reserve (Fed) on Wednesday.
The Mexican Peso picks up from lows as the US Dollar pulls back ahead of US PCE inflation. The MXN bounced up on Thursday after Banxico confirmed expectations and cut interest rates by 25 bps. USD/MXN is losing upward momentum, with support at 20.30 under pressure. The Mexican Peso trades with minor gains against the US Dollar on Friday, regaining some of the ground lost following a ”hawkish cut” by the Federal Reserve on Wednesday.
57% NZD -0.12% -0.25% -0.08% -0.46% -0.15% 0.14% -0.44% CHF 0.33% 0.20% 0.37% -0.03% 0.30% 0.57% 0.44% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD /JPY .
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