The Mexican peso rallied out of a selloff on Monday after 25% U.S. tariffs on Mexican products, expected to be imposed Tuesday, were delayed by a month. "Our teams will start working today in two ...
There was a defensive rally in the dollar, and it was the commodity currencies -- the Australian and New Zealand dollars -- that were hit hard, as well as the Mexican peso and Canadian dollar. The ...
Relatively high interest rates, close proximity to the U.S., and vast petroleum reserves are all factors that contribute to the liquidity of the Mexican peso.