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...
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...