Fed Cut Weakens Dollar As Mexico’s Peso And Stocks Pause
Key Points Fed’s rate cut knocks the dollar index below 99 as the peso holds near 18.18 per dollar. Mexico’s IPC slips 0.45% despite Wall Street’s rally, with media and consumer names outperforming heavyweights. Charts show a strong but tiring “super peso” trend and an equity market pausing after a 28% year-to-date climb. The Federal […]