Mexico Banxico Interest Rate Decision in line with expectations (7.75%)

Aug 7, 2025

Forex Today: Markets will focus on US tariffs and the Canadian jobs report

The US Dollar (USD) traded with decent gains, reversing part of Wednesday’s retracement, as market participants continued to closely follow any developments from the trade front as well as Trump’s plans to replace Chair Powell.

Mexico Banxico Interest Rate Decision in line with expectations (7.75%)

Forex Today: Markets will focus on US tariffs and the Canadian jobs report

United States Consumer Credit Change registered at $7.37B above expectations ($7B) in June