Peso Power The Mexican peso has surged against the U.S. dollar over the past year,making it the best performing major currency in the world, as Mexico’s high interest rates and the peso’s low volatility are attracting investors. Currencies trade in pairs, so you always compare one against another. Looking at the U.S. dollar, Mexico’s peso…Read more
SoFi Hong Kong Blog
The Longest Time Regardless of whether or not you like Billy Joel, everyone knows his songs. They’re catchy and melodic. Not to mention, there’s a song title that can be used for almost every topic under the sun, and for that I am thankful. This week’s column is all about records, or at least impressively…Read more
Bad News, Good News Inflation ticked higher in February, data from the Bureau of Labor Statistics showed this week. While there were some bright spots in the report too, this is a headache for markets and the Federal Reserve, which is looking for persistently lower inflation before cutting interest rates. The consumer price index rose…Read more