Fundamental: Mexico’s Peso Surges to Key 18-Per-Dollar Level Last Hit in 2018

Mexico's peso briefly strengthened past a key 18-per-dollar mark for the first time in five years as the nation's high interest rates and proximity to the US lure traders. The currency rose as much as 0.7% to 17.9952 against the greenback on Friday, the highest intraday level since April 2018. The peso is the best performer of the year so far among major ...     Alert Mar 4, 2023, 3:53am Fundamental: Mexico's Peso Surges to Key 18-Per-Dollar Level Last Hit in 2018 Mexico's peso briefly strengthened past a key 18-per-dollar mark for the first time in five years as the nation's high interest rates and proximity to the US lure traders. The currency rose as much as 0.7% to 17.9952 against the greenback on Friday, the highest intraday level since April 2018. The peso is the best performer of the year so far among major ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support