USD/MXN Approaches Historic Lows, Breaking Under 17.000
Quick Look USD/MXN dips below 17.000, indicating a strong Mexican peso against the US dollar. Mexican interest rates rise significantly, outpacing US rates and attracting investors. Nearshoring trends boost Mexico’s economy as US companies relocate manufacturing. Strong US employment benefits Mexico, enhancing peso value through remittances. Future movements of USD/MXN are speculative, with traders eyeing …
USD/MXN Approaches Historic Lows, Breaking Under 17.000 Read More »