The Mexican peso rallied out of a selloff on Monday after 25% U.S. tariffs on Mexican products, expected to be imposed Tuesday, were delayed by a month as Mexico agreed to reinforce its northern border.

The value of the Mexican peso and Canadian dollar jumped Monday after officials from both countries said President Trump agreed to [delay wide-ranging U.S. tariffs by a month](

The USD/MXN exchange rate will be on the spotlight this week as investors watched the happenings in the US and Mexico. The pair ended last week at 20.67, where it has remained in the past few days. US and Mexico tariffs The USD/MXN pair wavered after Donald Trump threatened sweeping tariffs on Mexican goods that