Mexico: Banxico should cut rate at least 75bps – BBVA

Analysts at the Research Department at BBVA continue to expect the Bank of Mexico (Banxico) to cut rates much more than currently expected, at least u
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EUR/JPY reversal from 116.85 extends below 116.00

EUR/JPY reversal from 116.85 high extends to two-day lows at 115.75. The euro loses ground as the yen firms up as market sentiment sours. Below 115.8
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