After a series of price hikes, The US dollar started the day with losses.
US currency It is recording a slight downtrend against various emerging currencies, including the Mexican peso. Currently, the market Waiting for the release of US inflation and monetary policy data.
The data mentioned, which will be published between today Tuesday and tomorrow Wednesday, It will determine the direction of the economy in the coming days, as more restrictive monetary policy may strengthen the US currency.
“I’m a little worried about tomorrow’s inflation. The market has been in full swing all year and if we get strong core inflation data it will meet expectations for a 75bp hike. in September”, Kenneth Brooks, currency analyst at public companyfor Investing.com.
In addition to the American Federation, Mexico will also release its inflation data, Which, in the same way, will provide New signals to consider for Banxico at the upcoming monetary policy meeting, which will be held on Thursday, August 11th.
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The price of the dollar today, August 9: the exchange rate in Honduras, Mexico, Guatemala, Nicaragua …
Then, we share How much is the dollar price today, Tuesday, August 9, in Mexico and part of Central America, according to the latest update of Investing.com.