The Mexican peso strengthened against the U.S. dollar after President Trump agreed to delay tariffs on Mexico by a month. The Canadian dollar also rebounded from session lows.
The Mexican Peso (MXN) erased its earlier gain after US President Donald Trump stated that he would impose 25% tariffs on Canada and Mexico due to Fentanyl. The USD/MXN trades at 20.74, up 1.17%.
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