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No deal reached during White House talks between US and Mexican officials on immigration – NBC

While everybody was waiting for the outlook of the US-Mexico White House talks on tariff removal, the NBC was the first to roll out a news report that conveyed the negative outcome of the talks.

The news report mentions that no deal on immigration was reached during the latest White House talks.

USD/MXN surged to the early month high after the news while risk sentiment weakened.

Moody's and Fitch conveys their pessimism surrounding Mexican debt

Amid the on-going tension between the US and Mexico, global credit rating agencies like Moody’s and Fitch recently rolled out their analysis of Mexican economy.
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USD/MXN rallies back towards 2019 high on failed US-Mexico talks

With the White House talks between the US and Mexico ending on a negative note, the USD/MXN pair grows back towards fresh 2019 high.
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