Mexico Core Inflation came in at 0.41% below forecasts (0.45%) in January

Outlook remains mixed, but US Dollar (USD) is likely to trade in a narrower range of 7.2500/7.3300. In the longer run, momentum indicators remain neutral; USD is likely to trade in a range of 7.2700/7.3000, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.