Puerto Vallarta News

Puerto Vallarta News

Mexican peso exchange rate

Mexican peso exchange rate slips as traders bet on Fed cut

The Mexican peso exchange rate softened midweek after notching a two-week best, as traders looked ahead to U.S. inflation and labor data that could lock in a September rate cut. The dollar index eased toward 97.8 and odds for a 25-basis-point move climbed, even as Washington floa…

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