Articles
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1 day ago |
fxleaders.com | Ignacio Teson
Despite a week filled with key trade-related headlines, the Mexican peso maintained positive momentum, supported in part by a weaker dollar. Written by: Ignacio Teson • • 1 min read • Quick overview The Mexican peso appreciated against the dollar, reaching its strongest level since September of last year. The exchange rate closed at 19.1054 pesos per dollar, marking a weekly gain of 1.50%.
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2 days ago |
fxleaders.com | Ignacio Teson
The peso’s advance followed the release of U.S. labor data showing that new jobless claims rose by 8,000 last week to 247,000. Written by: Ignacio Teson • • 2 min read • Quick overview The Mexican peso appreciated against the U.S. dollar, closing at 19.1493 pesos per dollar, its strongest level since October. This increase was driven by a rise in U.S. jobless claims, which raised concerns about the U.S. economic outlook.
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2 days ago |
fxleaders.com | Ignacio Teson
Meanwhile, Musk's other ventures, SpaceX and Starlink, continue to dominate their respective markets but are also under scrutiny. Written by: Ignacio Teson • • 2 min read • Quick overview The feud between Elon Musk and Donald Trump is creating political and financial uncertainty for Tesla, leading to a significant drop in investor confidence. Tesla shares fell 14.3% in one day, resulting in a loss of over $150 billion in market value as Musk criticized Trump's tax legislation.
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3 days ago |
fxleaders.com | Ignacio Teson
From a technical standpoint, the exchange rate has hovered around the 19.20 level. However, it has struggled to break below this level. Written by: Ignacio Teson • • 1 min read Quick overview The Mexican peso strengthened against the U.S. dollar, closing at 19.1997 pesos per dollar amid broad dollar weakness. The peso gained 3.51 centavos, or 0.18%, as trade concerns related to U.S. tariffs on aluminum and steel heightened market uncertainty.
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3 days ago |
fxleaders.com | Ignacio Teson
There's a 28% chance that Bitcoin could retreat to $70,000, and a 13% probability of it falling to $50,000. Written by: Ignacio Teson • • 2 min read Quick overview Bitcoin is at a critical juncture, with a price around $105,100 and significant trading volume, indicating a split in market sentiment between bullish and bearish expectations.
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