Fed's Kashkari: Argued for steeper interest rate cuts at Fed's last meeting

Minneapolis Fed President Neel Kashkari crossed the wires in the last minutes noting that there are some signs pointing out to slowdown in hiring in the companies in the United States.

"I argued for steeper interest rate cuts at the Federal Reserve's last meeting," Kashkari added.

Kashkari's dovish stance on the monetary policy is no surprise to the markets and these remarks failed to impact the Greenback's performance. As of writing, the US Dollar Index was up 0.15% on the day at 99.15.

Mexico Central Bank cuts benchmark interest rate by 25 basis points to 7.75%

The Central Bank of Mexico (Banxico) on Thursday announced that it cut its benchmark interest by 25 basis points to 7.75% from 8%. The bank noted that
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EUR/JPY: Bears testing below 118 handle with 116.58 on the radar

EUR/JPY is consolidating the recent correction from the daily lows down in the 117.50s, currently trading a 17.83 having travelled to a high of 118.05
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