Mexican Peso gains as China retaliates with 125% tariffs, sending the US Dollar Index below 100 for the first time since 2021. Banxico minutes show unanimous...
Banxico board sees increased economic slack and downside inflation risks, reinforcing expectations for more rate cuts. Majority noted orderly MXN trading and improving liquidity conditions despite...
Mexican Peso weakens for third straight day as dovish Banxico tone, sticky US inflation and trade tensions fuels USD/MXN rally. Banxico slashes rates by 50 bps...
Mexican Peso drops nearly 1% as traders brace for Banxico’s rate cut and digest US trade shock. Trump enacts 25% tariffs on all auto imports, hitting...
Mexican Peso weakens 0.24% even as DXY slips, reflecting Banxico rate cut expectations. Data shows resilient Retail Sales, but economic contraction fuels a dovish policy outlook....
Mexican Peso slips amid rising bets on Banxico rate cut and global uncertainty. Mexico’s economic data disappoints with private spending plunging and activity estimates pointing to...
A Reuters poll revealed that on March 27, Banco de Mexico (Banxico) is expected to cut interest rates by 50 bps amid the evolution of the...
Mexican Peso drives USD/MXN towards the 20.00 figure. Tariff uncertainties persist but yield advantage keeps Peso attractive US CPI data softer than expected, raising bets on...
Mexican Peso flatlines as trade war escalation limits risk appetite. USD/MXN trades near 20.33 as US-Canada trade tensions overshadow market sentiment. Peso struggles despite broad USD...
Trump delays reciprocal tariffs on Mexico until April 2 after talks with Sheinbaum. USD/MXN briefly falls as tariff relief boosts MXN before rebounding above 20.30. Traders...
USD/MXN rises 0.22% to 20.52 as tariff fears weigh on sentiment. Mexico’s trade deficit widens and unemployment ticks higher, adding to economic concerns. Banxico’s dovish stance...
Mexican Peso steadies as market sentiment remains bearish on trade risks. Trump confirms tariffs on Mexico are moving forward, pressuring the Peso. Banxico signals further 50...
Mexican Peso slips as monetary policy divergence with Fed fuels further upside. USD/MXN climbs 0.14% to 20.43 as Banxico signals additional 50-bps rate cuts. Mexico’s Q4...
Mexico’s Q4 GDP contracts for the first time since 2021. Banxico slashes 2025 growth outlook to 0.6%, well below Finance Ministry projections. US data mixed: Manufacturing...
Mexican Peso appreciates, shrugging off dovish Banxico stance, weaker economic outlook. Mexico’s December Retail Sales exceed estimates but slow from prior month. Banxico minutes reaffirm dovish...
Banxico sees Q4 2024 GDP contraction, with 2024 growth slowing to 1.5%. Inflation falls to 3.69%, back within Banxico’s 2-4% target range. Most members anticipate further...
Mexican Peso slumps 0.94% as risk sentiment turns bearish on trade fears. US President Trump targets autos, pharma and computer chips with 25% tariffs. US Dollar...
USD/MXN dips below 50-day SMA at 20.42, trading at 20.27. Weak US Retail Sales and softer PPI sub-components fuel Fed easing expectations. Mexico’s Retail Sales, Banxico...
Mexican Peso weighed by hot US inflation, Fed’s rate-cut hopes dwindle US inflation jumps past 3%, delaying Fed rate-cut expectations until September. Fed Chair Powell signals...
Mexican Peso treads water after failing to clear support at 20.30. Mixed economic data in Mexico weighed on the Mexican currency. Traders await Banxico’s monetary policy...