USD/MXN rises toward 19.00 after rebounding from 10-month lows

  • USD/MXN edges higher after hitting a 10-month low at 18.82, which was recorded on Wednesday, currently trading around 18.90 during the European hours on Thursday. The pair gains ground as the US Dollar (USD) attracts buyers against the Mexican Peso (MXN) due to increased safe-haven demand amid escalating geopolitical tensions between Israel and Iran.