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US Apr Monthly Budget shows a $112.9B surplus, above expectations. YTD deficit declines to $488B

Forex: USD/MXN retreats from highs

The Mexican peso is now recovering some ground against the buck on Friday, after the renewed strength in the USD pushed the cross from lows around 11.93 on Thursday to today’s tops in the vicinity of 12.1500....
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US markets mixed, as dollar flies

Despite the mixed tone on Friday, shares in the US markets are closing the week with strong gains following the increasing risk-on trade that prevailed in the first half of the week. The greenback, gauged by the....
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