Mexican Peso slips as USD/MXN rises on mixed US data, Fed in focus

  • The Mexican Peso (MXN) is under pressure against the US Dollar (USD) in Tuesday's European session as markets brace for the Federal Reserve's (Fed) monetary policy decision on Wednesday. USD/MXN is up 0.24% on the day, trading near 19.75 at the time of writing, after breaking above a key trendline and extending gains from Monday.