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fxJul 9, 2026, 7:40 PM

Mexican Peso Gains as Risk Appetite Improves, Weighs on USD

The Mexican Peso rose over 0.22% against the US Dollar as improved risk appetite followed the end of two days of US-Iran tensions. USD/MXN traded at 17.54.

USDMXN

The Mexican Peso strengthened against the US Dollar, posting gains of more than 0.22% as market sentiment improved. The shift came after a two-day period of hostilities between the US and Iran ended, though US President Trump warned the deal might be "over."

USD/MXN was last seen trading at 17.54, reflecting the peso's advance.

Source: FXStreet Forex News