Mexican Peso dips with the Dollar firming up ahead of US CPI data

December 10, 2024

The US Dollar picks up supported by a sourer market sentiment ahead of the US CPI release. Soft Mecican CPI data has increased hopes of a 25 bps rate cut next week and is weighing on the MXN. Technically, USD/MXN’s double top at 20.80 suggests the possibility of a deeper correction.

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Market Capitalization Growth of the Four Largest U.S. Banks (2000–2024) The combined market capitalization of J.P. Morgan, Bank of America, Citigroup, and Wells Fargo increased by 33% in 2024, rising from $1.04 trillion in December 2023 to $1.38 trillion by year-end.

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Mark Zuckerberg says the Biden admin called his employees and “screamed and cursed” at them to take down memes and Covid vaccine content. Did anyone have any doubts that META had met the requirements?

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Mexican Peso dips with the Dollar firming up ahead of US CPI data

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Market Capitalization Growth of the Four Largest U.S. Banks (2000–2024) The combined market capitalization of J.P. Morgan, Bank of America, Citigroup, and Wells Fargo increased by 33% in 2024, rising from $1.04 trillion in December 2023 to $1.38 trillion by year-end.

Mark Zuckerberg says the Biden admin called his employees and “screamed and cursed” at them to take down memes and Covid vaccine content. Did anyone have any doubts that META had met the requirements?