Mexico's peso remains soft near its weakest stretch since March, with rising US yields continuing to draw capital away from emerging-market carry trades. Equities drift lower along
Mexico's peso remains soft near its weakest stretch since March, with rising US yields continuing to draw capital away from emerging-market carry trades. Equities drift lower alongside the currency, though trade negotiations with the US over tariffs on Mexican autos, steel, and aluminum keep a potential upside in view. Sentiment gets a modest lift from upgraded local growth forecasts, with a major bank operating in Mexico raising its 2026 outlook, even as the currency's broader downtrend holds.
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