Mexico Peso slips on U.S. durable goods data

Source: Bloomberg
© Scanpix/Reuters
The Mexican Peso depreciated by 0.3% to 12.2790 per U.S. Dollar in the morning of Mexico City trading session on Wednesday. The currency is still higher by 4.7% this year indicating the best performance among the 16 major greenback's counterparts. The Peso weakened as the U.S. durable-goods orders slipped below expectations or the most in previous seven months. Economic data from the U.S. increase concern that recovery in the biggest world's economy is faltering damping exports outlook for Latin America.
Back to articles

Actual Topics

Thu, 25 Apr 2013 09:28:03 GMT

Yen drops on speculation of capital outflow

The Japanese Yen was lower by 0.2% to 129.50 per Euro and little changed at 99.51 against U.S. Dollar in the end of New York trading session on Wednesday. Investors say that a gradual depreciation of the Yen pushes investors to seek overseas investments with higher yield. The Yen lost 6.5% since the beginning of April, thus capital outflow might be expected.

Thu, 25 Apr 2013 08:14:04 GMT

Bath erases three-day loss as foreign investors buy domestic bonds

The Thailand's Bath increased by 0.1% to 28.90 per U.S. Dollar in the morning of Bangkok trading session on Thursday. The currency erased a three-day loss, as international investors enlarged their holdings of the domestic debt amid optimism the Thailand's economy is improving. Global funds purchased $2.2 billion additional debt than they sold in April through yesterday increasing this year's

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.