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Mexican Peso post gains as lower US yields revive the carry trade

Trade Hub UK regulation desk (2026-10-06): The Mexican Peso stages a comeback against the US Dollar on Tuesday as the latter weakens amid profit-taking and lower US Treasury yields, with traders… Primary source: original at FXStreet (fxstreet.com).

By FXStreet

Mexican Peso post gains as lower US yields revive the carry trade

The Mexican Peso stages a comeback against the US Dollar on Tuesday as the latter weakens amid profit-taking and lower US Treasury yields, with traders awaiting the release of the minutes of the Federal Reserve’s last meeting. The USD/MXN trades at 17.97, down 0.55%.

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Source: FXStreet