Get Ready to Cha-Cha with the USD/MXN: Bond Yields Boost Pair Above 17.30 Ahead of US NFP!
The Mexican Peso (MXN) Takes a Dive Against the US Dollar (USD) What Happened? It was a tough day for the Mexican Peso (MXN) as it plunged sharply against the US Dollar (USD), accumulating losses of 2% on Thursday and 4% in the week. The main culprits behind this sudden drop were higher US Treasury…