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USD/MXN holds support by 15.50

  • Mexico's April Mfg PMI data holds steady at 53.8 v March export orders recovering

  • Weak peso make exports more competitive

  • Banxico wary of weak MXN  fomenting inflation, ready to act if inflation rises

  • USD/MXN holds support by 15.50, UST yields dip, MXSE up 1.15%

  • Market Data
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