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- USD/MXN extends gains on risk aversion following the hawkish tone from Fed officials.
- Fed Chair Powell could provide commentary on monetary policy at a panel discussion.
- US Dollar experiences challenges due to the downbeat US bond yields.
USD/MXN extends its gains for the second successive session, trading near 17.5600 during the European session on Thursday. The USD/MXN pair receives upward support possibly due to the risk aversion following hawkish remarks from the US Federal Reserve (Fed) officials regarding interest rate cuts.
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