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Santiago Bausili, the head of Argentina’s Central Bank, spoke at the 2024 Monetary and Banking Conference in Buenos Aires. He emphasized the government’s fiscal actions and their positive effect on inflation expectations. Bausili’s speech took place at the Palacio Libertad, the venue for this important financial event. The Central Bank president noted a significant trend […]
The Strength of Mexico’s Peso in the Carry Trade Market
Recently, the Mexican peso soared to new heights, driven by hedge funds’ aggressive trades. These funds boosted their net long positions, pushing the peso to a yearly peak of 16.2616 MXN per USD. Between May 7 and May 14, hedge funds added an impressive 3,780 contracts, marking their first bullish week in over a month. […]
Fetterman respects Trump’s ‘strength’ in Pennsylvania: ‘You’re still seeing Trump signs everywhere’
Sen. John Fetterman, D-Pa., recognizes the political importance of former President Donald Trump in his home state of Pennsylvania, saying this week there’s something to “respect” about the GOP candidate’s strength with voters in the Keystone State despite a string of indictments. In an interview published Friday in the New York Times, Fetterman was asked […]