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Mexican Peso nears 18.75 as Iran risks and AI selloff hit sentiment

FXStreetMexico

Mexican Peso nears 18.75 as Iran risks and AI selloff hit sentiment

The Mexican Peso depreciated for the second straight day, down 0.16%, as the US Dollar held firm amid growing tensions in the Middle East and investor fears that mega tech companies are issuing more debt to finance the AI buildout. The USD/MXN trades at 18.72, up 0.20%.

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