Mexico: Peso Soars to Over 1-Month High.

The Mexican peso has soared toward the 17.4 per US dollar mark, reaching an over 1-month high as a global shift away from safe havens followed President Trump’s decision to delay infrastructure strikes by two weeks. Risk appetite has surged following the plunge in oil prices which mitigates the threat of an energy-driven inflation shock for the Mexican economy. Despite this external relief, Banco de M