Loading…
USD/MXN hovered near 16.70 as traders weighed mixed Mexican Q2 GDP and fiscal data against softer US inflation and GDP prints. Markets awaited the US core PCE and nonfarm payrolls data.
Routine FX commentary with no new cause for feed price moves; peso direction only marginally affects Mexican import costs.
octaafrica.netAug 31, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
