FX Brief Cable Closes at 2 Year Low Under 12500
- GBP/USD is on track to close at its lowest level in over two years after a run of weak UK and strong US data.
- The Swiss franc was the strongest major currency today and the Aussie was the weakest.
- USD/MXN rallied to a 1-month high near 19.40 after Mexico’s Finance Minister unexpectedly resigned.
- All eyes are turning toward Fed Chairman Powell’s testimony to Congress, which kicks off during tomorrow morning’s US session; the minutes from the most recent FOMC meeting will be released that afternoon.
![](/en-au/-/media/research/global/2019/07/briefcalendar07092019.png)
Latest market news
Yesterday 01:32 PM
Yesterday 09:35 AM
Yesterday 07:23 AM
Yesterday 04:48 AM
Yesterday 12:17 AM
July 25, 2024 10:39 PM