Rising U.S. Treasury rates could weigh on the Mexican peso and EMFX in the near-term, especially if upside moves in yields are large and occur over a short period of time.
from DailyFX – Market News https://bit.ly/3EXgKkc
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Mexican Peso Outlook: Higher U.S. Yields Weigh on EMFX, Banxico on Tap this Week
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Educ Arte Económico 