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25 Aug 2026 · 17:42 GMT+3

Mexican Peso: Carry appeal faces crowding risk – MUFG

MUFG analysts Derek Halpenny and Abdul-Ahad Lockhart state that the Mexican Peso continues to benefit from low FX volatility and strong carry demand, with USD/MXN breaking below 17.00 for the first time since June 2024.

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