Peso Firms As Dollar Slips; Mexico Stocks Ride América Móvil’s Jump

The Mexican peso traded near 18.44 per dollar on Friday morning, holding a small gain after an overnight slide in the U.S. Dollar Index into the low-98s. Lower U.S. yields and safe-haven demand for gold cooled the greenback, and that backdrop tends to favor high-carry currencies like the peso. Mexico’s stock market told the same […]