💱US Dollar/Mexican Peso FX Spot Rate
USDMXN
▼ NegativeMonetaryrelevance
Risk appetite improves, weakening safe-haven USD and strengthening MXN.
The Mexican Peso gained ground versus the Greenback on Monday, up by 0.66% as risk appetite improved despite escalating tensions in the Middle East. At the time of writing, the USD/MXN trades at 17.43 after hitting a daily high of 17.55.
Risk appetite improves, weakening safe-haven USD and strengthening MXN.