#squarecreator - Harvard Professor: "Trump will likely accelerate the fall of the dollar.

"Kenneth Rogoff believes that the slowdown of the dollar's dominance and the growth of digital currencies will shape the future.

Most Latin American currencies exhibited losses on Wednesday, as markets focused their attention on the statement to be released later by the Federal Reserve of the United States following its monetary policy meeting, and on negotiations between representatives of Washington and Beijing over the weekend.

* Markets widely expect the Fed to keep interest rates unchanged, but are attentive to the statement accompanying the decision and to subsequent remarks from the entity's president, Jerome Powell, in search of clues about the outlook for rates, as U.S. tariffs cast uncertainty over the economy.

* Meanwhile, representatives from Washington and Beijing will meet this weekend in Switzerland, which could be the first step towards resolving a trade war that has raised import tariffs between the two largest economies in the world well above 100% and disrupted global markets.

* The dollar index DXY, which compares the greenback against a basket of six major currencies, lost just over 0.1%.

* The Mexican peso USDMXN was quoted at 19.5956 units, up 0.34% against Tuesday's LSEG reference price, just hours before the announcement regarding the U.S. Federal Reserve's monetary policy decision.

* "Today, the peso is one of the few currencies appreciating against the dollar, thanks to the progress in trade negotiations between the U.S. and China, which implies a relaxation of pressures on the U.S. economy and a lower systemic risk for Mexico, awaiting a possible agreement with our country," said Monex.