Mexican Peso rallies as US-Mexico tariff pause eases tensions
The Mexican Peso (MXN) recovered some ground after weakening to an almost three-year low of 21.28 against the US Dollar (USD) as United States (US) President Donald Trump and Mexican President Claudia Sheinbaum agreed to pause tariffs for one month as they compromise to cooperate in security and trade. The USD/MXN trades at 20.53, down 0.99%.