Monday , 10 March 2025
Home Forex Mexican Peso gains on Bessent appointment
Forex

Mexican Peso gains on Bessent appointment

The Mexican Peso (MXN) trades higher in its key pairs on Monday, with the MXN doing particularly well against the US Dollar (USD) due to the perception that with the appointment of the new US Treasury Secretary Scott Bessant, US government spending will be more restrained and tariffs will primarily target China.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

New Zealand data – Manufacturing sales volumes +1.1% q/q

New Zealand manufacturing sales rise in fourth quarter:manufacturing sales volumes +1.1% q/qvolumes...

Delta Airlines cites softening domestic demand for flights, cuts outlook

Last week Target highlighted softness from the US consumer and now it's...

US politics – Trump making to calls to try to avert government shutdown

The Speaker of the House, at present Mike Johnson, is where the...

UBS has cut its target price on Tesla (TSLA). To $225. This still seems very high?

Tesla's first-quarter delivery outlook is under renewed scrutiny, with UBS revising its...