Mexican Peso weakened by political uncertainty following June 2 elections and upcoming judicial reforms by President AMLO. Political turmoil and judicial reform concerns in Mexico lead...
Mexican Peso continues to depreciate more than 1.20% on Tuesday as investors fear judiciary reform and dissolution of autonomous bodies. Sheinbaum’s confirmation of “Plan C” program...
Mexican Peso collapsed to 18.40 against USD after AMLO’s remarks on judicial and transparency reforms. AMLO’s comments on judicial reform and dissolution of autonomous bodies spur...
Mexican Peso slops some 0.12% after major central banks cut rates. Mexico’s Finance Minister reassures fiscal discipline and Banxico’s autonomy, capping further Peso losses. Mixed economic...
Mexican Peso hits new yearly low of 18.19 during European session before retreating. Mexican finance minister reassures markets, emphasizes financial discipline and investment. US job openings...
Mexican Peso falls sharply after Dr. Claudia Sheinbaum’s victory and Morena’s majority in Congress. Concerns rise over potential constitutional changes and market stability, impacting investor sentiment...
Mexican Peso strengthens to 16.92 after hitting four-week low of 17.13. US GDP data unchanged; higher unemployment claims suggest economic slowdown, weakening the US Dollar. Banxico...
The Mexican Peso is at risk of reversing its long-term uptrend. Several analysts say MXN has peaked and is on the way down. Negative fundamentals include...
USD/MXN climbs more than 1%, fueled by strong US economic indicators. Minneapolis Fed President Neel Kashkari hints at continued rate hikes, expects only two cuts in...
Mexican Peso recovers ground against the US Dollar, trading at 16.64, down 0.09%. Mexican economic data reveals an April trade deficit and a Q1 2024 Current...
The Mexican Peso rises in its key pairs as investor risk appetite improves. China, Japan and South Korea reopen free-trade talks, tech stocks rally. Speculation of...
Mexican Peso recovers slightly, breaking three-day losing streak. Mexico’s wider April trade deficit and slower economic growth are reported by INEGI. Banxico minutes show division on...
The Mexican Peso reverses earlier loses after risk appetite improves. The Peso fell against the US Dollar after strong US economic data strengthened the buck on...
Mexican Peso drops versus US Dollar amid GDP slowdown and Banxico Minutes highlighting inflationary pressure. Banxico revises inflation outlook and expects convergence to 3% target by...
Mexican Peso registers losses as USD/MXN trades at 16.68, up more than 0.30%. Federal Reserve meeting minutes showed that officials could raise rates if inflation warrants it....
Mexican Peso edges down 0.30% against US Dollar, trading at 16.64. Mexico’s April Economic Activity Indicator shows minimal growth with Q1 2024 GDP expected to be...
Mexican Peso rises 0.26% against US Dollar and dives below 16.60. Weak March Retail Sales data from INEGI ahead of Q1 GDP release and Banxico minutes....
The Mexican Peso extends its uptrend after comments from the Deputy Governor of the Bank of Mexico. Irene Espinosa said she advocated for interest rates remaining...
Mexican Peso climbs sharply as USD/MXN surpasses 2023 low of 16.62. Banxico’s Deputy Governor Irene Espinosa’s comments on rate cuts support Peso’s rally. US inflation data...
Mexican Peso dips to 16.69 against US Dollar in early North American session. US Initial Jobless Claims rise above forecasts, mixed housing data with Building Permits...