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MEXICAN PESO BROADLY WEAKER AS MARKET SENTIMENT SOURS

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  • The Mexican Peso falls as market sentiment turns negative. 
  • Equities are down after Meta shares tumbled on Q2 guidance and rising Middle East tensions. 
  • The Peso loses ground against the Euro after Bund yields spike on Bundesbank president’s comments.   

The Mexican Peso (MXN), which is especially sensitive to risk aversion, trades overall lower on Thursday after weakening on souring market sentiment and rising geopolitical tensions. Still, the Peso is holding up against the US Dollar (USD), which sees renewed weakness ahead of the release of key US macroeconomic data.  


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