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...
Mexican Peso extended its gains as USD/MXN drops deeper beneath 18.00. Mexico’s CPI surged close to 5% in June, driven by rising food prices and Peso...
Mexican Peso rallies as USD/MXN drops below 18.00 and hits lowest level since June 25. June’s CPI report, Consumer Confidence, and Industrial Production to shape Mexico’s...
Mexican Peso hit an eight-day high of 17.99 before losing traction. Light economic week in Mexico; upcoming data includes May CPI, Consumer Confidence, and Banxico meeting...
Mexican Peso registers gains third consecutive day, trading below 18.10 against the US Dollar. Weaker US economic data, including disappointing ADP Employment Change and rising unemployment...
Mexican Peso is buoyed, sponsored by weak US data and cautious comments from Chair Powell. Banxico Deputy Governor Heath mirrors Powell’s caution, advocating for clearer signs...
Mexican Peso rallies after dovish remarks from Fed Chair Powell. Powell highlights progress on US inflation, hints at balanced risks. Banxico Governor Rodriguez Ceja suggests possible...
Mexican Peso rebounds to 18.24 vs. US Dollar following Banxico’s decision to maintain 11.00% rate. Decision aligned with recent inflation data, targeting 3% inflation by Q4...
Banxico holds interest rate at 11.00%; Deputy Gov. Mejia Castelazo votes for 25 bps cut. Officials cite financial market volatility and unique economic factors in Mexico....
Mexican Peso declined after the Banxico decision to keep rates at 11.00%, hinting at possible future easing. Policymakers optimistic about ongoing disinflation, open to future rate...
Mexican Peso falls for second consecutive day against US Dollar. USD/MXN hits a daily high of 18.33 before trimming gains as Wall Street turns green. Banxico...
The Mexican Peso drifts lower on the eve of the Bank of Mexico policy meeting. The overwhelming majority of economists don’t expect the Banxico to cut...
Mexican Peso depreciates sharply with USD/MXN trading back above 18.00, gaining over 1%. Fed Governor Michelle Bowman’s comments on holding policy rates steady and willingness to...
Mexican Peso appreciates for third consecutive day, hits daily low below 18.00 against US Dollar. June’s mid-month inflation data shows core figures declining, while general inflation...
Mexican Peso strengthens for second consecutive day as USD/MXN drops close to 1%. Positive market reaction comes in response to choice of Marcelo Ebrard as economy...
Mexican Peso remains stable against US Dollar alongside solid April Retail Sales data. Political uncertainty over AMLO’s judiciary reforms limits further gains, with key announcements expected...
Mexican Peso edges down after recovering over the past five trading days, exchanging hands at 18.41 against the US Dollar. Political developments, including judiciary reform, weigh...
Mexican Peso down 0.29% amid risk aversion on weak China data and European political uncertainty. Banxico’s verbal intervention last week stabilized the Peso, central bank remains...
Mexican Peso down as judiciary reform fears continue to weigh on investor sentiment. Presumptive President Claudia Sheinbaum reassures investors but echoes President AMLO’s proposal for elected...
Mexican Peso counterattacks, snapping two days of losses. Banxico Governor Victoria Rodriguez Ceja assures intervention if Peso exhibits “atypical behavior or extreme volatility.” Greenback weakens against...