Mexican Peso rescued by Waller’s dovish tilt, appreciates ahead of NFP
- USD/MXN drops as Waller comments trim Fed hike bets.
- Soft claims and Yen intervention speculation pressure the Dollar.
- Banxico’s Heath signals rate cuts may remain distant.
https://www.fxstreet.com/news/mexican-peso-rescued-by-wallers-dovish-tilt-appreciates-ahead-of-nfp-202609032142
FXStreet
Mexican Peso rescued by Waller’s dovish tilt, appreciates ahead of NFP | FXStreet
The Mexican Peso appreciates against the US Dollar on Thursday, with the latter weakening amid a dovish tilt by Fed Governor Waller and speculation about an FX market intervention to boost the Japanese Yen. The USD/MXN trades at 16.92, down 0.32%.
2September 4, 2026 1.2K 3
