USD Slides as RBA Rate Hike Looms; Banxico on Hold as Markets Eye Inflation Data
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USD's decline continues into a new week. Analysts expect the theme to persist.
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RBA expected to hike rates by 25bps. Further AUD upside seen from relative rate diffs and China rebound.
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Banxico hold should not be market moving for MXN. CPI more important for rate cut expectations.
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