Mexican Peso appreciates 0.59% against US Dollar, poised for strong weekly performance. Banxico minutes suggest potential for 50 bps rate cut in December, boosting Peso's outlook. President Sheinbaum optimistic about averting Trump's proposed 25% tariffs, bolstering MXN stability.

President-elect Donald Trump, who won a second term in the White House, has a net worth of $5.6 billion, according to a November 2024 Forbes estimate. A federal judge denied emergency injunctive relief despite complaints from competitors who object to the Spartans player's participation on the grounds that she is transgender.

The euro has fallen out of favor amid investor concern that Europe’s economy will suffer if Donald Trump imposes tariffs on U.S. imports.

The Mexican Peso rallied against the US Dollar on Thursday after being pressured by Trump’s tariff threats. Upbeat news related to a call between the United States (US) President-elect and Mexico’s President Claudia Sheinbaum weighed on the exotic pair as the Peso recovered and trimmed weekly losses. The USD/MXN trades at 20.41,down 0.72%.