Mexican Peso Falls as US Data Fuels Recession Concerns
The Mexican Peso (MXN) weakened against the US Dollar (USD), extending weekly losses following the Federal Reserve’s (Fed) decision to hold interest rates steady but signal a potential cut in September. Despite initial gains, the USD/MXN pair is currently trading at 18.85, a decline of over 1%. USD/MXN Market Sentiment: Risk aversion in global markets […]