United States Import Price Index (MoM) came in at 0.1%, above expectations (-0.4%) in April

United States Import Price Index (MoM) came in at 0.1%, above expectations (-0.4%) in April
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Mexican Peso trims some of Banxico-related losses following interest-rate cut

The Mexican peso (MXN) is consolidating against the US dollar (USD) on Friday after recovering some of the ground lost on Thursday after the Banco de Mexico (Banxico) decided to cut interest rates, as expected.
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