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Mexican Peso starts to weaken against USD due to Trump factor

Started by forex4you, Jul 07, 2024, 08:00 am

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Mexican Peso starts to weaken against USD due to Trump factor

The Mexican Peso (MXN) reverses earlier gains and trades lower in its most traded pairs on Friday, with mixed results in the US Nonfarm Payrolls report confusing markets and a "Trump put" pushing down US Treasuries but keeping the US Dollar bid - seemingly against the odds.

Source: Mexican Peso starts to weaken against USD due to Trump factor
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