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The Mexican peso is sending a warning signal

August 04, 2020 at 08:32PM

Are we listening to what the peso is saying?
USD/MXN is higher for a sixth day in a row, including strong moves in the past three. Generally, that’s a sign of risk aversion but that hasn’t been the story in the past week as US stocks have hit four-month highs.
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Author: https://www.forexlive.com/news/!/the-mexican-peso-is-sending-a-warning-signal-20200804 Selected by SYFX+

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