The U.S. dollar hit a roughly five-month low after OPEC sources told Reuters the producing group agreed to reduce its oil output.
Traders should buy the Mexican peso if USD/MXN breaks above 20, even if Banco de Mexico cuts rates on Thursday, says Saxo Bank Group's Adam Reynolds.
The Mexican peso will likely only be distorted by U.S. election news in the short-term, says Nordea Markets' Jesper Bargmann.
The Mexican peso has room to weaken further against the dollar so traders should wait for it, says Triogem Asset Management's Tim Seymour.
The dollar rose against the euro after concerns surrounding Deutsche Bank caused general unease over Europe's banking sector.
Based on analysts' take on the market reaction, Hillary Clinton appears to be the winner of the first presidential debate.
If the Mexican peso is any indication, the foreign exchange market seems pretty sure Democratic candidate Hillary Clinton beat her opponent.
The futures market and the uptick in the Mexican peso suggest the market is cheering Clinton's performance, says HSBC Private Bank's Fan Cheuk Wan.
The dollar fell against the yen after comments from a top BOJ official and uncertainty from impending U.S. presidential debate.
Some strategists expect the Japanese yen to gain ground against the dollar if Trump wins tonight's presidential debate.
The dollar index edged higher on Friday, reversing earlier selling, after comments from Boston Fed Reserve President Eric Rosengren.
The dollar was mixed after a Fed meeting that balanced hints of a rise in interest rates this year with cuts in the longer term outlook.
The dollar extended losses against a basket of major currencies after the U.S. Federal Reserve left monetary policy unchanged.
Mexico's Secretary of Economy Ildefonso Guajardo Villarreal talks about Donald Trump's comments about Mexicans, Mexico's relationhip with U.S. businesses, and oil's impact on Mexico.
Mexico's Secretary of Economy Ildefonso Guajardo Villarreal talks about Mexico's relationship with the U.S., the upcoming U.S. presidential election, trade, immigration and the "wall."
The dollar edged up against major currencies on Tuesday in light trading as investors retraced last week's moves ahead of meetings.
Citigroup has offered hedging tips if markets begin to price in the possibility of Republican candidate Donald Trump winning the election.
The dollar fell with a stronger oil price the chief theme in a market battening down the hatches ahead of Fed and BOJ meetings.
Hong Kong's overnight yuan borrowing rate was fixed at the highest level in eight months on Monday after the long holiday weekend.
The dollar was on course to fall after U.S. retail sales data quelled lingering bets on the Fed raising interest rates next week.