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Forex: USD/MXN loses impetus, back to lows

The Mexican peso is picking up pace against the greenback on Tuesday, partially recovering initial losses and dragging the cross to the vicinity of session lows around 12.7200

In the data space, the Mexican Business Confidence fell to 53.47 in February vs. January’s 54.74, while the Consumer Confidence contracted to 95.5 from 100.0 in the same period.

At the moment, the pair is losing 0.19% at 12.7214 and the next support levels line up at 12.6220 (low Feb.20) and then 12.6239 (Lower Bollinger).
On the upside, a surpass of 12.8251 (Upper Bollinger) would bring 12.8505 (MA100d).

Forex Flash: AUD/USD year-end target at 1.0400 – Scotiabank

The Aussie dollar is hovering over 1.0235/40 on Tuesday, just pips lower from session highs above 1.0250 after positive domestic data and the decision of the RBA to leave the lending benchmark intact at 3.0% have bolstered the upside...
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Forex: EUR/USD recovers ground as stocks advance

After falling to fresh daily lows in the wake of strong ISM data, the EUR/USD saw a quick bounce during the American afternoon and managed to reverse intraday losses as the Dow reaches fresh record highs. At time of writing, EUR/USD is trading at the 1.3050 zone, 0.2% above its opening price.
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