02 Oct 2025 | 5 Mins Read
Mexican peso bulls driven by trade, carry sustain its rally
Flipitmoney
Analysts from Barclays Plc to Citigroup Inc. are bullish on the Mexican peso due to a positive trade relationship with the US and strong carry dynamics. The currency is projected to deliver a 3.5% return by year-end with a possible strength level at 18 per dollar, as the Federal Reserve eases monetary policy and interest rates in Mexico remain high.