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Mexican Peso strengthens to yearly high as trade war cools, mood improves

https://www.fxstreet.com/news/mexican-peso-strengthens-to-yearly-high-as-trade-war-cools-mood-improves-202504221817
The Mexican Peso (MXN) posted substantial gains versus the US Dollar (USD) on Tuesday, sponsored by an improvement in risk appetite due to optimistic news of a ‘de-escalation’ of the trade war between the US and China. At the time of writing, USD/MXN trades at 19.58…