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20 Jun 2023

USD/MXN: 17.00 in reach for the first time since December 2005 – SocGen

The Mexican Peso rallied for fourth straight week. Economists at Société Générale analyze USD/MXN outlook.

Dovish pivot by Banxico?

The Fed pause was another shot in the arm for the Peso and puts 17.00/USD in reach for the first time since December 2015.

A dovish hold by the Banxico this Thursday may put the brakes on the MXN rally. We expect no change in the key overnight rate at 11.25% for second straight month. The tone in the statement could become less hawkish after headline inflation declined below 6%.

Jun 20, 2023

EUR/USD Price Analysis: Still scope for a test of 1.1000

EUR/USD’s initial bull run falters around the 1.0950 region on Tuesday. Despite the current downtick, further gains remain well on the table for the t
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Jun 20, 2023

AUD/USD set to target 0.72 by year-end – ING

Economists at ING discuss RBA policy outlook and share their AUD/USD forecast. The unpredictable RBA may be done with hikes We expect inflation to sta
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