Mexican Peso rises, poised for weekly gains ahead of Fed meeting

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Mexican Peso advances as USD/MXN plunges below 19.90, down over 1%. The Peso shrugs off Mexico’s weak industrial output and declining consumer confidence fueling recession concerns. US consumer sentiment plunges amid rising inflation expectations, driven by upcoming Trump administration tariffs. The Mexican Peso (MXN) rallied against the US Dollar (USD)Continue Reading