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Fed's Waller: Support 50 bps hikes at next several meetings, policy rate should be above neutral by year's end

Fed Board of Governors member Christopher Waller said on Monday that he supports lifting interest rates by another 50 bps at the next several Fed meetings and that the policy rate should be above neutral by the end of the year to reduce demand, reported Reuters. 

EUR/USD rallies to fresh monthly highs into upper 1.0700s, bolstered by faltering buck, spicey EZ inflation

Whilst spicey German and Spanish HICP inflation numbers helping things for the euro, a positive tone to risk appetite and a subsequent continued broad
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USD/MXN hits lowest since March 2020 below 19.50

The USD/MXN is falling for the fifth consecutive day on Monday. It reached 19.41, the lowest level since March 2020. It is hovering slightly below 19.
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