The peso slipped on Tuesday as confidence in a December Fed cut cooled and the dollar hovered near a multi-month high. Mexico’s economy also lost steam in the third quarter, adding pressure ahead of Banxico’s Thursday call. Mexican peso today is the market’s barometer: a stronger greenback on one side, a cautious easing cycle on the other. The question now is less about the size of the next cut and more about the wording that follows it.
The Mexican peso closed weaker on Tuesday, as traders backed away from . . .
