In a roller-coaster type of month, the U.S. Dollar managed to escape with a slight 0.1% gain in value
In the midst of tense relations between global powers, a new armed conflict has begun in the Middle East, spurring further obstacles to global trade and peace
Euro fortunes turned for the better as the shared currency recuperated almost 1.0% against the Buck
Few majors such as Sterling (GBP) and Swiss Franc also up by over half a percent; first climb since August
The Mexican Peso tumbled as inflation continued to decelerate and despite evidence of a solid economy
Monex USA’s View
Doom-and-gloom scenarios will remain a feature as escalation in violence threatens to deteriorate international integration and global well-being
Domestic performance in the U.S. will be key to carry the Dollar as Fed-hike expectations fade away
A resurgence for Euro could be halted by digesting underwhelming indicators from the third quarter
MXN highly volatile as Mexico continues to accommodate to new demands in trade and oil flows
Mixed outlooks and confusion will be common to close the year as risk items are amplified
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