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Mexican Peso on the Defensive as Traders Await Retail Sales Data
The Mexican Peso registers minuscule losses versus the US Dollar on Wednesday after recovering some ground in the last five trading days.
Mexican Peso to Recover to 17.00s Against the USD, Say Analysts
The Mexican Peso could recover to the 17.00s according to analysts, as election risk eases.
Mexican Peso Gains on Strong Economic Data as Political Woes Abate
The Mexican Peso registered solid gains on Tuesday against the Greenback due to upbeat Mexican economic data and a softer-than-expected Retail Sales report from the United States (US).
Hong Kong Census and Statistics Department: In the first quarter, the total income of Hong Kong residents increased by 9.6% year-on-year to 831 billion Hong Kong dollars.
In the first quarter of 2024, the total income of Hong Kong local residents (referring to the total income earned by Hong Kong residents through various economic activities) calculated at the then market price increased by 9.6% to HKD 831 billion, compared to the same period last year.
Hong Kong Exchanges and Clearing Limited has proposed five policy recommendations to promote the dual growth of liquidity and efficiency in Hong Kong's capital markets.
According to the Zhongtong Finance APP, on June 17th, Hong Kong's Financial Services and the Treasury Bureau released a research report entitled "Promoting Dual Growth of Liquidity and Efficiency: Optimizing Hong Kong's Securities Trading Mechanism and Market Operations".
Mexican Peso Weakens Amid Judiciary Reform Concerns, Fed's Hawkish Hold
The Mexican Peso's downtrend continued Friday, with the emerging market currency depreciating by 0.48% as market participants were still nervous about the judiciary reform.