US CPI data could impact USD/MXN
The Mexican Peso versus the US Dollar pair (USD/MXN) could also experience added volatility on Wednesday from the release of US Consumer Price Index data at 12:30 GMT, during the US session.
Economists expect prices in the US to have risen by 3.4% year-over-year in March and 3.7% YoY for the core measure, which excludes volatile food and energy prices.
A higher-than-expected result would be supportive of USD/MXN and vice versa for the lower-than-forecast result.
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