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Forex: USD/MXN pierced 12.700 after data

The Mexican peso is picking up pace against the buck on Friday despite the jobless rate in the Mexican economy ticked higher to 5.42% during January vs. December’s 4.47%. Prior surveys were expecting 5.0%. In addition, the inflation figures for the first half of February rose 0.24%, taking the annualized CPI to 3.47%.

As of writing, the pair is down 0.09% at 12.7332 facing the immediate support at 12.6215 (low Feb.20) ahead of 12.5555 (low Jan.17).
On the upside, a break above 12.7386 (MA50d) would expose 12.7744 (Upper Bollinger).

Forex Flash: US markets to put finishing touch on constructive week for USD - BBH

Brown Brothers Harriman analysts suspect that the North American market will put the finishing touches on what has been a generally constructive week for the US dollar.
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Commodities Brief – Gold prices corralled ahead of FOMC

Gold prices rallied during European trading, topping out at the 1586.75 region earlier today. However Friday is a tale of two halves, and the second half of the day has mitigated the yellow metal’s gains, dragging it below its 20, 50, and 100-day SMA (technically known as the ‘Death cross’). Yesterdays data in the United States painted a grim picture, prompting the Fed to rethink its asset purchased. With the FOMC speech on deck at 15:30 GMT, gold is now trading negatively at USD $1571.65 per oz., establishing fresh lows in these moments.
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