Category forex

Peso Drops Against USD

Mexican Peso loses ground to USD The Mexican Peso declined against the US Dollar on Wednesday. The decline is attributed to the escalation of the Gulf War, which has led to a decrease in risk appetite. The USD/MXN trades at 17.51, up from its previous level

Silver Drops Below $57 Ahead of Fed Decision

XAG/USD falls to $56.90 as traders await the Federal Reserve’s monetary policy announcement amid cautious sentiment. Silver prices declined below $57 on Wednesday, with XAG/USD trading at $56.90, down 0.43% for the day. The move reflects market caution as investors avoid l