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Mexican Peso (MXN) registers minimal losses against the US Dollar (USD) in early morning trading on Wednesday, following Tuesday's 1.51% gains, due to soft inflation data in the United States (US).

A review of things you need to know before you sign off on Wednesday; global forces reset rates, local wallets close, migration touches new record, inflation expectations turn more realistic, swaps fall, NZD rises, & more

The NZD/USD pair attracts some dip-buying during the Asian session on Wednesday and climbs back above the 0.6000 psychological mark in the last hour.

EUR/USD advanced to its highest level since late August near 1.0900 on Tuesday as the US Dollar (USD) came under immense selling pressure following the October inflation data.

Here is what you need to know on Wednesday, November 15: The US Dollar (USD) struggles to find demand after suffering heavy losses against its major rivals on Tuesday and Pound Sterling (GBP) weakens in the European morning on Wednesday.

The Euro (EUR) loses some upside momentum against the US Dollar (USD), motivating EUR/USD to give away part of the recent strong gains and revisit the 1.0870 zone on Wednesday.

- DXY manages to regain some composure following Tuesday’s sell-off.

USD/MYR could trade between 4.6540 and 4.7550 in the next few weeks, according to Markets Strategist Quek Ser Leang at UOB Group.

EUR/JPY climbs further and flirts with the 164.00 mark on Wednesday, new yearly peaks.

2024 should be the year US exceptionalism wanes and currencies outside of the US are allowed to refloat.