XE Market Analysis: Dollar Weakens on Tax Reform Doubts

OVERVIEW

  • The Pound was boosted by better-than-expected data and Brexit comments.
  • The Canadian Dollar is supported by a rise in oil prices and a weakening of the USD.
  • South African Rand falls to a one-year low as fears mount over the country’s debt.
  • Mexican Peso firms after the central bank signaled it would not cut interest rates anytime soon.

HIGHLIGHT