Day: August 6, 2024

Mexican Peso Continues to Slide Amidst Market Uncertainty

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The Mexican Peso (MXN) extended its losing streak against the US Dollar (USD) for the fourth consecutive day, trading above 19.00 for the third straight day. This decline is driven by a combination of factors, including weak economic data from Mexico, increased expectations of a Bank of Mexico (Banxico) rate cut, and a rebound in […]

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