Traders Edge: Banxico Rate Cut

  • 7 Aug 2019
  • Duration: 03:14

Join David Gibbs as he explores how a rate cut by Mexico’s central bank, Banxico, could affect the markets that you trade. See how CME FX futures are pricing the potential rate cut and explore the relationship between FX spot and futures.

Topics include:

  • Central bank rates changes effect FX rates
  • Several central banks have met recently, some have lowered their rates
  • The central bank of Mexico, Banxico, is scheduled to meet August 15
  • According to CME Group’s 6MU9 pricing a 50.0 basis point rate cut is priced