Could it be possible that Moscow and China are working together to dominate the natural gas market?
When compared to record prices in 2022, current natural gas market prices are still low. However, if China continues to exercise influence on international markets and completes its substantial LNG regasification projects in the anticipated timeframe, the current low costs may soon become a thing of the past. This initiative may have an impact on […]
USD/MXN hits 2009 low after Federal Reserve keeps rates unchanged
The USD/MXN exchange rate has hit a new low for the year at 17.0900 after the U.S. Federal Reserve decided to maintain interest rates in the range of 5.00%-5.25% for ten consecutive rate hikes. Despite the initial weakening of the Mexican peso (MXN), Powell’s slightly “Dovish” stance has caused the exchange rate to drop even […]