Peso Steadies As Dollar Softens; Mexico’s Stocks Hold Their Rebound

Mexico’s peso is little changed around 18.45–18.50 per dollar on Thursday morning, after a quiet night that left the U.S. Dollar Index near 100. The calm follows a stronger Wednesday for local equities: the S&P/BMV IPC closed at 61,637, up 1.4%, extending a measured October rebound. The story behind the story is straightforward. Globally, the […]