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Mythic Market Research's avatar

Most people forget that bonds tend to lead stocks.

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leon's avatar

I like that FM: "The Mexican Peso (MXN) may be moving due to the Finance Minister's intervention to prevent further depreciation following election-related declines, reassuring investors about fiscal discipline and investment continuity. Additionally, market sentiment towards risk influences MXN performance during periods of turbulence or stability. Economic data showing unexpected slowdowns in Gross Fixed Investment post-election could also impact MXN valuation as it reflects potential legislative changes that might affect the economy negatively. Analysis of global currency returns, points to MXN movement as the main driver of the cross."

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