United States Baker Hughes US Oil Rig Count remains at 525

Aug 11, 2023

USD/CAD loses ground after hot PPI data from the US

At the end of the week, the USD/CAD was rejected by the 200-day Simple Moving Average (SMA) at 1.3450 and settled near 1.3430. On the one hand, the US

USD/MXN drops but remains above 17.0000 amidst a hot US PPI reading

The Mexican Peso (MXN) appreciates against the US Dollar (USD), bucking the trend of Latin American currencies weakening on Friday after the Bank of M