Government leaders

Mexican Peso recovers but faces weekly loss on Iran risk

FXStreet23 October 2026, 20:49 UTCMexico

The Mexican Peso (MXN) appreciates about 0.30% on Friday against the US Dollar (USD), but it remains poised to end the week with losses of more than 1% even as risk appetite soured amid a potential escalation of the Middle East conflict. The USD/MXN pair trades at 18.66 after hitting 18.80.

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