Mexican Peso Weakens Amid Turkish Lira Meltdown & Rising U.S. Yields, USD/MXN Soars

The Mexican peso weakens against the U.S. dollar as the plunge in the Turkish lira weighs on sentiment, while rising U.S. yields aggravate the sell-off.

from DailyFX – Market News https://bit.ly/3xfyljY
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S&P 500, Nasdaq: Stocks Shaky, Rates Up After Yellen's 'Endemic' Comment

Treasury Secretary Janet Yellen dropped an important comment yesterday on the topic of inflation, and rates have been running higher ever since.

from DailyFX – Market News https://bit.ly/3HMaq0g
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USD/JPY Bullish Price Action Fuel by Hawkish Fed Rhetoric

The bullish price action in USD/JPY may persist as Federal Reserve officials show a greater willingness to implement a rate hike sooner rather than later.

from DailyFX – Market News https://bit.ly/3CNdJ3D
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