Mexico’s Peso Holds Firm As Dollar Sags, Stocks Cool After Record

Key Points USD/MXN hovered near 17.98 as charts flashed oversold conditions that can still snap back. The S&P/BMV IPC slipped after tagging a high near 65,250, a classic profit-taking setup. Banxico on Thursday is the next trigger, with inflation firmer and the rate-cut path in focus. At 08:10 UTC, USD/MXN traded around 17.975 after a […]