Mexican Peso weakens against US Dollar following weak GDP, Banxico rate cut speculations
Mexican Peso loses steam for the second straight day against the US Dollar as market sentiment has shifted negatively.
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Mexican Peso loses steam for the second straight day against the US Dollar as market sentiment has shifted negatively.
Gold (XAU/USD) fluctuated in a relatively narrow channel as it failed to benefit from the broad-based selling pressure surrounding the US Dollar (USD) this week.
The Pound Sterling (GBP) booked the first weekly gain against the US Dollar (USD), snapping a five-week bearish momentum.
Oil price expectations amid risk sentiments and supply increase
The Japanese Yen (JPY) remains on the defensive against its American counterpart for the second straight day on Thursday and hovers near the weekly low during the Asian session, though lacks follow-through selling.