💱US Dollar/Mexican Peso FX Spot Rate
USDMXN
▼ NegativeMonetaryrelevance
US inflation data eases Fed rate hike expectations, weakening the Dollar and strengthening the Peso.
Impact on assets 1
Others
The Mexican Peso appreciated against the US Dollar during the North American session, rising 0.29% after the latest US inflation reports eased expectations that the Federal Reserve would raise rates to tackle high inflation. At the time of writing, the USD/MXN trades at 17.38.
US inflation data eases Fed rate hike expectations, weakening the Dollar and strengthening the Peso.