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Mexican Peso Weakens Amid Tariff Concerns and Fed Watch
Mexican Peso Weakens Amid Tariff Concerns and Fed Watch
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The Mexican peso opened the week with a 0.36% decline against the U.S. dollar, closing at 19.6694 pesos per dollar. market sentiment was dampened by renewed tariff threats from U.S. President Donald Trump, overshadowing broader dollar weakness.
Investors remain focused on the Federal Reserve’s upcoming policy decision. While no rate changes are anticipated, markets will scrutinize the central bank’s economic outlook for directional cues. The peso’s current consolidation phase continues despite recent government stimulus measures.
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