Mexican Peso outpace broad US Dollar strength, ahead of Banxico’s day
The Mexican Peso gains ground versus the US Dollar on Monday as risk appetite increases the carry-trade appeal of the emerging-market currency, while traders await the release of the Bank of Mexico (Banxico) monetary policy meeting late this week. The USD/MXN trades at 17.32, down 0.14%.
The Mexican Peso gains ground versus the US Dollar on Monday as risk appetite increases the carry-trade appeal of the emerging-market currency, while traders await the release of the Bank of Mexico (Banxico) monetary policy meeting late this week. The USD/MXN trades at 17.32, down 0.14%.