Daily Market Update

Markets are Quiet on Black Friday

November 25, 2022

After falling three straight days of modest declines, the U.S. dollar is up a touch this morning. 


The Bloomberg Dollar Spot Index is up 0.2% even as global equities ticked higher.  Futures show American shares will open higher on the shortened trading day.  US stock exchanges will close at 1 p.m. Bond markets will close at 2 p.m.  Monex USA will close at 3 p.m. EST.   There is no fundamental data or Fed speakers today.  Expect a snoozer.


What to Watch Today…

  • Monex USA will close at 3 p.m. EST.

View Economic Calendar

7 wins in the last 8 quarters!  |  #1 MXN Forecaster for Q3 2022

Bloomberg ranks Monex USA (formerly Tempus) as the top MXN Forecaster again!  Learn More

Monex USA Top MXN Bloomberg Forecaster



The Mexican peso is a bit weaker this morning as the third quarter Gross Domestic product print barely missed estimates.  The Mexican economy expanded 0.89%, versus an expectation of 0.9%.  The preliminary estimate was 1.0% growth.  There is no further data expected to be released by our southern neighbor today.



The Euro is slightly weaker against the U.S. dollar after gaining on Wednesday and holding on to those gains in thin markets yesterday.  Fundamental data showed some reason for optimism.   Germany’s economy proved more resilient than expected.  Germany’s economy grew 0.4% in the third quarter, besting the previous estimate of 0.3% growth.  A breakdown of the print showed the growth was primarily driven by an increase in household consumer spending.

Ready to spin the currency market moves in your favor?



Let’s Talk
Ready to save money, save time, and reduce risk?

It’s quick and easy to get started. Fill out the form below and a Monex USA market expert will connect with you shortly. Our team will work closely with you to develop a personalized strategy for your global payment & currency needs.

Talk to an Expert