Mexican Peso Falls as US Data Fuels Recession Concerns

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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 […]