Fx Trading:Mexico cuts rates but says it’s done

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Daily updated information, tips on forex news, forex quotes, forex broker, forex charts, and various forex resources.Mexico cut its benchmark interest rate 0.25% to 4.50 but says it has decided to pause its easing cycle. If traders take this as the beginning of a trend across the emerging markets it will be a dollar-negative.

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Daily updated information, tips on forex news, forex quotes, forex broker, forex charts, and various forex resources.The Latvian debt crisis is undermining the euro again as traders fear a devaluation in Latvia could have a domino-effect across the eastern half of Europe, ultimately undermining the major banks in the West of Europe with major exposures. EUR/USD dropped back to the 1.4120s, not far

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