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United States 7-Year Note Auction increased to 4.716% from previous 4.185%

Mexican Peso dips as US inflation rises, trimming Fed rate cut hopes

The Mexican Peso (MXN) fell during the North American session on Thursday, depreciating more than 0.5% against the US Dollar following the release of the Gross Domestic Product (GDP) in the United States (US) for the first quarter of 2024, which was weaker than expected.
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Forex Today: The Dollar now looks at PCE

The continuation of the downward bias hurt the Greenback and prompted the USD Index (DXY) to recede to multi-day lows following disheartening GDP readings and higher inflation prints, all prior to Friday’s release of PCE data.
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