The Mexican Peso plummets on Trump’s threatening to impose 25% tariffs on Mexico. Banxico is expected to cut rates to stimulate the economic recovery amid global...
Mexican Peso recovers from a sharp decline due to US trade threats, showing market resilience. Despite improved risk sentiment, Trump’s reaffirmed tariff plans on key industries...
Mexican Peso on the front foot following as Sheinbaum’s take office. Traders await President-Elect Claudia Sheinbaum’s inaugural remarks. Stronger than expected US JOLTS data and Powell’s...
Mexican Peso strengthens to 19.60 against the Greenback, supported by anticipation ahead of Claudia Sheinbaum’s October 1 inauguration. Business Confidence for September, expected on October 2,...
Mexican Peso is virtually unchanged after hitting a daily high of 19.46. Banxico expected to cut rates by 25 bps, but a larger cut could push...
The Mexican Peso edges higher ahead of the Banxico meeting on Thursday. Most analysts expect a moderate 0.25% cut to the central bank’s cash rate. USD/MXN steadily...
Mexican Peso declines as USD/MXN climbs over 1.40%, driven by expectations of further Banxico rate cuts. Cooling inflation in early September bolsters the case for a...
Mexican Peso strengthens after US Consumer Confidence deteriorated. Mexico’s inflation fell below estimates in September, with core inflation easing under 5%, boosting expectations for a 25...
Mexican Peso declines for fourth day as USD/MXN recovers from daily low of 19.29. Mexico’s Economic Activity expanded in July, but Retail Sales contracted for the...
Mexican Peso losses some 0.20% despite recovering from a six-week low. US GDP data for Q2 2024 surpasses expectations, a headwind for the US Dollar. Concerns...
Mexican Peso depreciates over 1% against USD, trades above 18.30. INEGI’s mid-month inflation data reveals mixed results, halting disinflation and raising concerns. Political uncertainty grows as...
Mexican Peso drops sharply, trading at 18.09, with market focus on upcoming inflation and GDP data. Mexico’s economy decelerates, with retail sales missing expectations, fueling a...
Mexican Peso gains 0.55%, trading at 17.92, after better-than-expected Economic Activity data. INEGI reports strong economic activity for May, offsetting slow retail sales growth. US political...
USD/MXN loses ground due to increased risk sentiment amid dovish Fed. CME Group’s FedWatch Tool suggests a 91.7% probability of a 25-basis point rate cut in...
Mexican Peso plunges more than 2.30% in the week. Mexico’s creditworthiness remains solid as Fitch reaffirms Mexico’s BBB rating but warns about the judiciary reform. Trump’s...
USD/MXN gains ground due to increased risk aversion despite the dovish Fed. The US Dollar may limit its upside due to rising speculation of the Fed...
Mexican Peso edges down 0.20% as USD/MXN rebounds from a daily low of 17.63. IMF lowers Mexico’s 2024 GDP forecast from 2.4% to 2.2% amid economic...
Mexican Peso drops more than 1% after Trump assassination attempt news shakes markets. US Dollar Index climbs to 104.18, reflecting increased demand for safe-haven assets. Banxico’s...
Mexican Peso extends gains as USD/MXN reaches 17.68 after hitting five-week low of 17.62. Mexico’s Industrial Production rebounds in May, indicating resilience amid economic slowdown. Banxico...
Mexican Peso appreciates following Mexico and US data. Banxico minutes reveal potential for interest rate adjustments as inflation is expected to converge by Q4 2025. US...