The Mexican Peso loses some ground on Tuesday, depreciating by about 0.16% against the US Dollar as investors await the release of the Federal Reserve’s last meeting minutes, with a resolution of the US-Iran conflict remaining unlikely. The USD/MXN trades at 17.06, after bouncing off daily lows of 17.02.
USD/MXN climbs as traders eye Fed minutes, Banxico minutes and USMCA risks.
The US-Iran conflict is grabbing the headlines. Recently, CNN, citing a US official, said that Trump told top administration envoys to halt their conversations with Iran. In addition, Trump said that the US Navy blockade remains in full force and effect, while US data…
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