Mexico Trade Balance, $ came in at $-3.746B, below expectations ($-0.8B) in April

May 24, 2024

Mexican Peso continues decline on geopolitical tensions

The Mexican Peso (MXN) declines in most pairs on Friday as widespread risk aversion, on the back of geopolitical concerns, disproportionately weigh on the Peso, a risk-on currency.

Mexico Trade Balance, $ came in at $-3.746B, below expectations ($-0.8B) in April

Mexican Peso continues decline on geopolitical tensions

Mexico Trade Balance s/a, $: $-2.578B (April) vs previous $-1.583B