USD/MXN Exchange rate
Editors’ Picks
EUR/USD sticks to positive bias around 1.0500 ahead of ECB; not out of the woods yet
EUR/USD attracts some buyers on Thursday amid subdued US Dollar price action. The upside remains capped amid expectations for a more ECB rate cut in 2025. Bets for a less dovish Fed underpin the USD and contribute to capping the major.
GBP/USD rebounds from 1.2750 as US Dollar declines due to rising odds of a Fed rate cut
GBP/USD recovers its recent losses registered in the previous session, trading around 1.2770 during the Asian hours on Thursday. The GBP/USD pair gains ground as the US Dollar corrects downwards after breaking its four-day winning streak despite higher US Treasury yields.
Gold price reverses intraday dip to $2,700; flat lines amid mixed fundamental cues
Gold price reverses an Asian session dip to sub-$2,700 levels, though it remains below the highest level in more than a month touched earlier this Thursday. The US consumer inflation data released on Wednesday reaffirmed bets that the Federal Reserve will deliver a third consecutive interest rate cut next week.
Sui hits new all-time high of $4.9 as Backpack integration sparks $466 million DEX volume surge
Sui price reaches a new all-time high of $4.9 on Thursday after increasing more than 20% the previous week. The main reason behind the rally is Wednesday’s announcement of the Backpack exchange and wallet integration with the SUI blockchain and decentralized exchange volume reaching new highs.
BTC faces setback from Microsoft’s rejection
Bitcoin price hovers around $98,400 on Wednesday after declining 4.47% since Monday. Microsoft shareholders rejected the proposal to add Bitcoin to the company’s balance sheet on Tuesday.