This Monex USA market update covers the weakening U.S. Dollar following Moody's credit downgrade, rising Treasury yields, and economic concerns. Safe-haven assets like gold are gaining, while the Euro strengthens due to Dollar weakness and steady Eurozone inflation. The Mexican Peso shows modest strength despite a recent interest rate cut, with key economic data releases expected later this week.
JP has almost 30 years of experience in the financial sector, specializing in international payments and foreign currency exchange. His wealth of experience and excellent leadership bring Monex to new heights! Learn more about JP in our currency corner
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