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The Mexican currency is expected to retreat in 2024 as the USD rebound
Highlights: The Mexican Peso (MXN) has retreated from a 17-week high against the US Dollar (USD) as markets begin the new trading year focusing on US labor and output data. Economic data from Mexico is not on the calendar for this week, and the USD is expected to be the primary driver to usher in […]
Currency pairs
The Swiss Franc depreciated against the US dollar during the start of 2024
Highlights: US Dollar due to the recovery of the latter and the increase in Treasury yields. On Tuesday, at the start of the new year, the Swiss Franc (CHF) weakened against the strengthening US Dollar (USD). This is mainly due to higher US Treasury yields. At the time of writing, the 5, 10 and 30-year […]