Mexican Peso Forecast: Powell Paves the Way for USD/MXN Weakness in the Near Term

The Fed's dovish taper tone at the Jackson Hole Symposium is likely to depress US treasury rates and weigh on USD/MXN in the near term as traders seek to exploit higher yields in EMFX.

from DailyFX - Market News https://ift.tt/3gKaUIn
via IFTTT