Pound Sterling holds into gains on soft US Dollar ahead of US inflation

The Pound Sterling (GBP) posts a fresh weekly high at the round-level resistance of 1.2600 against the US Dollar (USD) in Wednesday’s London session.
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Mexican Peso stabilizes after dropping two days in a row

The Mexican Peso (MXN) trades little changed during the European session on Wednesday as markets brace for the release of US Consumer Price Index (CPI) data for April, the main economic highlight of the day, and market sentiment stabilizes.
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