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Breaking Posted 3 hours ago

Peru inflation accelerates in June above central bank target

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Peru's June inflation unexpectedly picked up and remained above the central bank's target range for a fourth consecutive month, driven by rising food prices and global energy shocks. This hawkish data raises odds of further Peruvian sol weakness and may prompt the central bank to maintain or hike rates; traders should monitor PEN/USD and EM currency pairs for volatility.
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@asuquokelvin · 2 hours ago

Inflation refused to pack up, traders lost sleep, and volatility booked another extended vacation.

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