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Mexican Peso Braces for Impact—Key Data Dump and U.S.-China Tensions Loom
Mexican Peso Braces for Impact—Key Data Dump and U.S.-China Tensions Loom
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The peso’s playing it cool—for now. Traders are white-knuckling their desks ahead of today’s economic data deluge and whatever diplomatic grenades Washington and Beijing might lob.
Markets hate uncertainty, but they love volatility. And with the peso’s recent stability looking shakier than a crypto exchange’s ’proof of reserves,’ today’s numbers could spark fireworks.
Here’s the kicker: no matter what happens, some hedge fund manager will still find a way to blame ’external factors’ for their terrible trades.
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