Category forex

Investinglive Americas FX News Wrap 7 May

Reports filtering in that Iran launched missiles at US Navy ships NASDAQ and S&P closed lower. No record close today Fed's Williams: There's a lot of uncertainty in the economy right now Trump: Agreed to give Von Der Leyen until July 4 to fulfill trade agreement Mexico cen

Cuts Banxico Rates 25 Bps to 6.50% as Expected

Banco de Mexico (Banxico) reduced borrowing costs by 25 basis points on Thursday, as expected by market participants, from 6.75% to 6.50%, even though the central bank revealed that the “balance of risks for the trajectory of inflation within the forecast horizon remains biased...</strong