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Forex: USD/MXN in session lows around 12.3700/10

FXstreet.com (Barcelona) - The Mexican peso is now gaining ground against the US dollar on Thursday, after the jobless rate ticked lower to 4.85% during February from 5.42%. Further data from the domestic economy showed that the 1st half-month Core Inflation rose 0.26% in March, a tad higher than 0.24% previous.

The cross is now losing 0.52% at 12.3710 with the next support at 12.3680 (low Mar.20) ahead of 12.2549 (Lower Bollinger) and then 12.2355 (low Sep.1 2011).
On the flip side, a breakout of 12.4065 (MA100h) would expose 12.5525 (high Mar.12) and finally 12.6440 (high Mar.11).

Forex: GBP/USD eases off highs to 1.5232/34 as Cyprus weighs

The GBP/USD rally has continued unabated Friday, soaring to fresh session highs in recent minutes at 1.5245. As the Cypriot finality lingers, the cross has eased slightly to trade at 1.5232/34 in these moments, up a steadfast +0.43% during American trading.
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Forex: EUR/USD pressures 1.3000 again

As more headlines come to surface, the EUR/USD regains its position at the 1.3000 to test the re-sistance there. It seems that the original plan of a levy on bank deposits is back on the game as an op-tion after the ECB rejecting the changes made by the Cypriot Parliament Committee.
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