The Mexican Peso (MXN) remains subdued against the US Dollar (USD) during the North American session as investors wait for the United States (US) Federal Reserve (Fed) monetary policy decision.
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.
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Strategists at TD Securities are quantifying the risks being posed to currencies outside the U.S. from tariffs under President Donald Trump, ahead of his remote address to the World Economic Forum on ...