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Tuesday, August 9, 2011

Mexico Stocks Open Higher After Rout, Peso Still Under Pressure - WSJ.com

Mexico's stocks opened higher today, after a heavy fall in the previous session.
The peso is still "under pressure" as the WJS asserts in its article, stating that " investors remained cautious about risky assets while waiting for the outcome of the U.S. Federal Reserve policy meeting and hoping for some soothing comments from Fed officials."

More to be posted on the U.S. Federal Reserve policy as soon as media is available.

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