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...
Mexican Peso drops 0.51% against USD after Banxico Governor suggests potential rate cuts. Governor Rodriguez Ceja notes core inflation’s downtrend, fueling speculation of a June 27...
The Mexican Peso edges higher as interest rates in Mexico are expected to remain elevated. Relatively higher interest rates attract higher inflows of foreign capital. USD/MXN...
Mexican Peso depreciates against US Dollar, late during the North American session. Banxico’s decision to maintain the interest rate at 11.00%, sponsored the latest leg down...
Mexican Peso strengthens as the USD/MXN drops 0.21%, following April’s hot inflation report. Consumer Price Index data shows prices remain above Banxico’s target range, hinting it...
The Mexican Peso edges lower prior to key inflation data and the Banxico May policy meeting. The Bank of Mexico is expected to keep rates unchanged...
Mexican Peso appreciates, trading at 16.90 against US Dollar, a 0.26% decline for USD/MXN amid a busy economic week. Mexico’s key economic events include Consumer Confidence...
Mexican Peso gains, with USD/MXN falling below 17.00, reflecting a 0.11% decrease after disappointing US labor reports. Mexico’s Gross Fixed Investment shows mixed results; Private Consumer...
Mexican Peso hits weekly high of 16.90 versus USD after Fed maintains current policy. The Mexican currency stays strong despite lower Mexico Business Confidence. US economic...
Mexican Peso falls over 0.41% after Mexico’s Q1 GDP growth underperforms expectations. Stronger-than-expected US Employment Cost Index bolsters US Dollar, diminishing prospect for imminent Fed rate...
Mexican Peso gains over 0.7%, capitalizing on US Dollar pullback triggered by Japanese intervention in Forex markets. Mexico’s economic agenda is light today, but pivotal releases...
Mexican Peso strengthens against US Dollar, buoyed by positive market mood, mixed economic reports. US inflation remains hot as core PCE Price Index increases above March...
Mexican Peso depreciates by over 0.5% against US Dollar, reacting to unexpected inflation reacceleration in the US. US GDP growth for Q1 2024 falls short of...
Mexican Peso weakens against US Dollar, with USD/MXN climbing 0.74% following mixed Mexican inflation report, robust US Durable Goods Orders. Mexico’s CPI for mid-April shows mixed...