Peso Stumbles as Traders Hold Breath for Fed’s Next Move
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Mexico’s currency takes a hit—because why wouldn’t it when the Fed’s about to flip the volatility switch?
Markets twitch like a caffeine-addled day trader as the peso opens weak. All eyes on Jerome Powell’s poker face—will he bluff or fold on rates?
Another Monday, another emerging-market currency getting tossed around by the Fed’s policy winds. Just another day in the ’stable’ world of fiat.
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