USD/JPY: A move to 112.20 runs out of steam – UOB

In light of the recent price action, the potential advance to 112.20 in USD/JPY appears somewhat deflated for the time being, suggested FX Strategists
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USD/MXN to move back to the 20.00 level as Banxico joins the hawk side – Rabobank

Banxico raised the policy rate 25bp to 4.75% as was widely expected by both traders and analysts alike. USD/MXN continues to trade north of resistance
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