The Mexican Peso posts gains against the US Dollar on Wednesday as US Treasury yields climbed, sponsored by Atlanta Federal Reserve President Raphael Bostic's hawkish comments.
After ending last Friday's choppy trading session mixed, stocks are likely to move mostly lower in early trading on Monday. The major index futures are currently pointing to initial weakness on Wall Street, with the S&P 500 futures down by 0.
Last week’s Bank of Japan was dramatic as the central bank raised interest rates for the first time since 2007. The move did not catch the markets completely by surprise, as some media reports ahead of the meeting said the BoJ would raise rates and investors were looking at both the March and April meetings as strong possibilities for a rate hike.
USD/JPY drifting at start of week marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.