Mexico's peso stays under pressure near its weakest levels since March, with fading carry appeal and rising US yields pulling capital north. Equities drift lower alongside the curr
Mexico's peso stays under pressure near its weakest levels since March, with fading carry appeal and rising US yields pulling capital north. Equities drift lower alongside the currency, though trade talks with the US aimed at cutting tariffs on Mexican autos, steel, and aluminum offer a potential bright spot. Local growth forecasts have been nudged higher, giving the market some fundamental support even as the broader currency trend remains soft.
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