Banxico surprises investors and raises the overnight rate by 50 basis points to 5.50% to combat rising inflationary forces in the economy. The hawkish hike boosts the Mexican Peso.
The Covid-19 pandemic plunged the world into deep recession as nations retreated into lockdown to contain the viral spread. But monetary and fiscal officials responded to the crisis swiftly and…
From worst to first - or almost. The Aussie was one of the weakest currencies in the world in November, and is now trying to string together a recovery. Can…
It's been a busy 24 hours across global markets, with EUR/USD and GBP/USD in the spotlight after rate decisions from the European Central Bank and the Bank of England.