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Mexican Peso gives up early gains after weak Retail Sales data

Mexican Peso gives up early gains after weak Retail Sales data
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

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Mexican Peso higher after release of Banxico minutes

Mexican Peso higher after release of Banxico minutes
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Irene Espinosa , Federal Reserve , Mexican Peso , Banco De Mexico , Crude Oil , Banxico March , Relative Strength Index ,

Mexican Inflation Shoots Up, USD/MXN Awaiting Banxico Meeting Minutes for Guidance


Mexican Inflation Shoots Up, USD/MXN Awaiting Banxico Meeting Minutes for Guidance
Key Talking Points:
Mexican CPI shoots up above 3% target
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Mexico’s inflation data for March has shot up as expected, with the CPI reading coming in at 4.67% year on year, and the monthly core CPI reading actually coming in above expectations at 0.54% (Exp. 0.52%). The yearly figure continues to rise above Banxico’s target of 3% and is confirming the trend of rising prices as the country attempts to recover from the Covid-19 pandemic.
This follows on from a halt in the rates easing cycle from Banxico as the central bank was concerned about overheating inflation as economic recovery was getting underway. So this latest reading has just put more pressure on the bank to decide whether it is going to react to rising inflation or remain supportive of the economy with a loose monetary policy in the foreseeable future. ....

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Encuesta del Banxico prevé más inflación en México para 2021

Encuesta del Banxico prevé más inflación en México para 2021
zetatijuana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zetatijuana.com Daily Mail and Mail on Sunday newspapers.

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