USD/MXN slips below 17.2000 as Mexican inflation cools, US NFP disappoints

Share: Mexican peso recovers as weak US data prompts sell-off, pushing USD/MXN off four-week high. US job growth disappointed, prompting dollar weakness; Inflation concerns persist as average hourly earnings rise. Mexican inflation falls for fifth straight month, defying estimates; The CME FedWatch Tool shows increased chances of a Fed rate hike. The Mexican […]