US consumer prices increased more than expected in March amid rises in the costs of gasoline and shelter, casting further doubt on whether the Federal Reserve will start cutting interest rates in June
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The Pound Sterling collapses late on Wednesday during the North American session, down by more than 1% against the US Dollar, following the release of US inflation data.
The Mexican Peso (MXN) is trading at eight almost nine-year highs below 16.30 against the US Dollar (USD) on Tuesday, as it continues its long-term bull trend.