Mexican Peso flatlines as traders brace for Mexico’s fiscal package

The Mexican Peso remains unchanged against the US Dollar on Tuesday as market participants await the release of Mexico’s Fiscal package, which will be delivered to the Mexican Congress for approval. At the time of writing, the USD/MXN trades at 16.91 flatlined. USD/MXN steadies as fiscal plan and US inflation loom On September 2, Mexican […]

ECB expectations support EUR against US Dollar – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret report that the Euro (EUR) is little changed near the low 1.16s as markets await Thursday’s European Central Bank (ECB) meeting, where a 25 bps hike and a hawkish tone are anticipated. They note supportive yield spreads and a fair value estimate around 1.1650, with technicals showing a […]

Risk premium sustained on Gulf disruptions – Rabobank

Rabobank’s Florence Schmit highlights that TTF Natural Gas remains supported by low European storage and disrupted Gulf LNG flows. The absence of meaningful U.S.-Iran progress keeps a structural risk premium in prices, with 2026 TTF seen averaging €60/MWh in Q4. For 2027, the base case is €42/MWh, but infrastructure damage could push TTF into a […]