Wednesday, 7 October 2026
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Policy desk, National Trade News (2026-10-06): The Mexican Peso stages a comeback against the US Dollar on Tuesday as the latter weakens amid profit-taking and lower US Treasury yields, with traders… Primary source: original at FXStreet (fxstreet.com).
Mexican Peso post gains as lower US yields revive the carry trade
The Mexican Peso stages a comeback against the US Dollar on Tuesday as the latter weakens amid profit-taking and lower US Treasury yields, with traders awaiting the release of the minutes of the Federal Reserve’s last meeting. The USD/MXN trades at 17.97, down 0.55%.