United States Fed Interest Rate Decision meets expectations (3.75%)

Jul 29, 2026

Mexican Peso tumbles as Gulf War escalation weighs on mood, Fed eyed

The Mexican Peso loses ground against the US Dollar on Wednesday as risk appetite turns sour amid the escalation of the Gulf War, while traders await the Federal Reserve’s monetary policy decision. The USD/MXN trades at 17.51, up 0.47%.

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Jul 29, 2026

The Canadian Dollar takes its bid from Washington, as usual

The hold arrived at 18:00 GMT on a 9-3 vote, the target range unchanged at 3.50% to 3.75% with three voting members preferring an immediate quarter-point increase.

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