Mexican Peso Weakens Against Dollar as Markets Brace for Fed Decision

Mexican Peso Weakens Against Dollar as Markets Brace for Fed Decision

The Mexican peso lost ground against the US dollar early Tuesday, continuing its downward trend from Monday. The USD/MXN pair now trades at 19.7224, up 0.05% from yesterday’s close of 19.6694, which had already marked a 0.36% decline against the dollar. Currency traders maintain cautious positions ahead of tomorrow’s crucial Federal Reserve policy announcement. While […]

Mexican Peso holds steady as weak US data pressures USD/MXN outlook

The Mexican Peso (MXN) remains stable against the US Dollar (USD) on Monday despite rising tensions over the weekend between Mexican President Claudia Sheinbaum and US President Donald Trump regarding a rejected proposal to deploy American troops in Mexico.