United States Chicago Purchasing Managers' Index down to 50.4 in April from previous 53.6

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Apr 29, 2016

USD/MXN drops to 4-month lows, eyes 17.00

The Mexican peso is rising sharply against the US dollar as it continues to rally for the fifth day in a row. USD/MXN broke below 17.15 and tumbled to 17.04, reaching the lowest level since December 21.

USD/JPY regains 107.00 but hovers near 18-month lows

USD/JPY extended weakness on Friday and broke below April lows to set a fresh 18-month trough as investors continue to assess BoJ and Fed decisions.