Mexican Peso plunges as Trump confirms March tariffs, Peso faces weekly losses
The Mexican Peso (MXN) prolonged its agony and depreciated against the Greenback on Friday, set to achieve weekly losses of over 0.59% as the President of the United States (US) Donald Trump emphasized that tariffs on Mexico are moving forward on March 4. USD/MXN trades at 20.52, up 0.22%.
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Mexico’s economy contracted in Q4 2024 for the first time since the third quarter of 2021, revealed the Statistics agency ...
Increasing numbers of investors are betting against the US dollar as there are indications that the American economy is ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
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The Mexican peso is under pressure amid weak trade data and US economic strength affecting its outlook and performance.
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