In New York trading on Wednesday, the US currency edged down against the Mexican peso. The greenback dropped to a 3-week low of 13.3220 versus the peso by about 9:50 am ET, which may be compared to yesterday's New York session close of 13.4685. At present, the pair is trading near 13.37. The next downside target level for the US currency is seen at 13.26.

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