Banxico raises rates by 50bp; MXN drops modestly

The Mexican peso turned negative in the market after the Bank of Mexico rose rates by 50 basis points. Some analysts speculated about risks of a...
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NZD/USD: dollar dominates, targetting 0.6950

Currently, NZD/USD is trading at 0.7030, down -0.04% on the day, having posted a daily high at 0.7036 and low at 0.7030. As analysts at Westpac noted
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