USD/MXN: Mexico’s Peso On Track to Gain 2.3% in July, Near Strongest Since 2015
Mexico’s peso posted its seventh-straight month of gains, the longest such streak in 15 years, with the currency’s carry trade appeal unshaken by warnings the rally has left it overpriced. The currency, which is hovering near its strongest level since 2015, gained 2.3% this month. Its more than 16% rise this year makes it the … Read more