Mexican peso strengthens to 2-month high, Fed eyed
MEXICO CITY Dec 11 (Reuters) - The Mexican peso on Tuesday firmed sharply to more than a two month high, tracking gains in the euro after data showed a rise in German economic sentiment in December.
The peso gained 0.51 percent to trade at 12.744 per dollar, its strongest since early October, also helped by expectations that the U.S. Federal Reserve could signal more aggressive monetary easing this week.
- U.S. war veteran released by North Korea returns home |
- South Korea expands air defense zone to partially overlap China's |
- Dynasty's Congress party punished in Indian state elections
- Pennsylvania newlyweds "just wanted to murder someone together:" police
- South Korea to make announcement on air zone; expansion is anticipated |