Forex Market News Mexican Peso Struggles Near Multi-Year Lows as Carry Trade Unwinds Amid Narrowing US-Mexico Yield Spreads October 4, 2026 Ammar Sabilarrohman MEXICO CITY / WASHINGTON — The Mexican Peso (MXN) clawed back a fraction of its heavy losses on Friday, advancing roughly 0.5% against the US Dollar (USD). However, the modest…