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Mexican Peso Outlook: U.S Inflation Data & Banxico Decision will Be Key for USD/MXN - Vimarsana News

Mexican Peso Outlook: U.S Inflation Data & Banxico Decision will Be Key for USD/MXN

The Mexican peso is likely to weaken against the dollar if U.S. inflation accelerates further and helps to consolidate expectations of a 50 bp hike by the Fed at its March meeting.

NFP: Non-farm Payrolls Prints at 467k, USD in Focus After Going Oversold - Vimarsana News

NFP: Non-farm Payrolls Prints at 467k, USD in Focus After Going Oversold

This morning brings the release of Non-farm Payrolls for the month of January and interest is high as the USD has seen a precipitous price decline ahead of the release.