Weaker growth and lower inflation keep rate-cut bets alive

Banxico sees Q4 2024 GDP contraction, with 2024 growth slowing to 1.5%. Inflation falls to 3.69%, within Banxico’s 2-4% target range. Most members anticipate further inflation decline, keeping the rate-cut path open. Banco de Mexico, also known as Banxico, revealed its monetary policy minutes for the decision announced on February 6. The central bank decided … Read more

US Dollar Index is snoozing while traders mull President Trump’s latest comments on China and Ukraine

The US Dollar softer on Thursday against major currencies. US President Donald Trump sees a deal with China as a possible outcome. The US Dollar Index (DXY) erases Wednesday’s gains and dips below 107.00 after a firm upside rejection on Wednesday.  The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against … Read more

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