Thursday, 1 October 2026Updated 17m ago
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Market move● Neutral for Indian equities

Mexican peso becomes the world’s worst-performing major currency as carry traders flee

2 sources · first seen 21:30 30 Sept · updated 05:28 1 Oct

The brief

Written from 2 reports · check the source before you trade
  • The peso underperformed every other major currency over the past month
  • Analysts are cutting year-end forecasts for the peso

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Read the reports

2 reports · earliest 21:30
BloombergMexico’s Peso Becomes Worst in the World as Carry Traders Flee21:30MintMexican Peso Becomes World’s Worst as Carry Traders Flee05:28