Mexican Peso rallies to a one-month high on Hormuz deal speculation
The Mexican Peso surges to a one-month high on Tuesday as talks between the US and Iran could reopen the Strait of Hormuz, easing global inflationary pressures by freeing ship traffic. At the time of writing, the USD/MXN pair trades at 17.26, after reaching a high of 17.33.
INFLATION
The Mexican Peso surges to a one-month high on Tuesday as talks between the US and Iran could reopen the Strait of Hormuz, easing global inflationary pressures by freeing ship traffic. At the time of writing, the USD/MXN pair trades at 17.26, after reaching a high of 17.33.