USD/MXN Exchange rate
Editors’ Picks
GBP/USD battles 1.2300 ahead of BoE interest rate decision
GBP/USD is battling 1.2300, refreshing a five-month low.in European trading on Thursday. The pair is weighed by the Fed's hawkish stance and increased odds of a BoE rate hike pause, following a surprise fall in UK inflation and SNB's unexpected rates-on-hold decision.
EUR/USD keeps losses near 1.0650 amid US Dollar strength
EUR/USD is consolidating losses near 1.0650 in the European trading hours on Thursday. The Fed, as expected, kept rates unchanged but indicated that one more rate hike before the year-end could be appropriate. US yields sit at multi-year highs, underpinning the US Dollar.
Gold tests key support near $1,925, focus on US data
Gold price is holding lower ground near $1,925 in the European session on Thursday. Investors seem to shift their focus on upcoming US data after the US Federal Reserve's hawkish hold on Wednesday triggered a fresh US Dollar rally.
XRP price tests the $0.51 support zone while CEO Brad Garlinghouse critiques the SEC and Chair Gensler
XRP price outlook is bullish as the asset tests the supply zone at $0.5174. Pro-XRP attorney John Deaton shared his views on the likelihood of a settlement by the SEC in its lawsuit against Ripple.
BoE Interest Rate Decision: Cooling UK inflation raises doubts over another hike
The UK central bank is on track for another 25 bps hike on Thursday, lifting interest rate to 5.50%. The Bank of England could signal the end of its tightening cycle. Pound Sterling set to rock after surprise fall in UK inflation raises odds of a BoE rate hike pause.