
During the daily press briefing of Andres Manuel Lopez Obrador, it was announced that Mexico will receive 1.4 million doses of the vaccine by the end of January. Is that optimistic enough for the peso?
The US dollar does not show any big movement. The greenback is again near $89.30. Today investors will look at two important data for the USD: Core Retail Sales and Retail Sales (15:30 MT time). If figures are greater than the forecast, the greenback has chances to rise.
Tomorrow the RBA will announce monetary policy meeting minutes. Let’s look if the aussie will react.
There is no change in the direction of other currencies.
That is all for today. Follow markets news with us!
During the daily press briefing of Andres Manuel Lopez Obrador, it was announced that Mexico will receive 1.4 million doses of the vaccine by the end of January. Is that optimistic enough for the peso?
The US unemployment claims are announced on Thursday at 15:30 MT time.
The Canadian monthly GDP is announced on Wednesday at 15:30 MT time.
Poor US data, slow vaccine distribution, rising virus cases worsened the market sentiment and underpinned safe-haven currencies like the USD, and JPY.
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.
Joe Biden is going to unveil a Covid-19 relief package of about $2 trillion. After this announcement, the 10-year Treasury yield rose, adding support for the USD.
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