Mexico’s Quiet Year-End Signal: A Strong Peso Meets A Stronger Dollar

Key Points USD/MXN sat near 17.997 in early trade, pinned just below 18.00, a level that acts like a magnet for hedgers and short-term traders. Mexico’s stock benchmark slipped to about 64,359 after a roughly 1.5% drop the day before, a reminder that year-end profit-taking can move prices fast when liquidity is thin. The bigger […]