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Mexican Peso drops 0.65% as hot US inflation lifts Dollar

The Mexican Peso fell sharply versus the US Dollar after hot US inflation data boosted bets of a Federal Reserve rate hike in October, pushing USD/MXN to 18.51.

Original · FXStreet AI summary of public reporting

Why: Hot US CPI → stronger USD and rate hike bets

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At publication → Current
EUR1.116 → 1.117+0.1%
JPY158.23 → 158.11−0.1%
Mexican Peso drops 0.65% as hot US inflation lifts Dollar | SignalHub