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...
Mexican Peso capitalized on weaker-than-expected US economic output, uptick in risk appetite. Upcoming mid-month inflation data in Mexico could impact Banxico’s rate decisions, with expectations leaning...
Mexican Peso weakens by 0.50% against the US Dollar, reacting to global safe-haven flows triggered by Middle East tensions. Banxico Deputy Governor Jonathan Heath signals potential...
Mexican Peso on defensive as USD/MXN is back above 17.00. Mexican economic growth estimated at 2.1% YoY in March, but market focus shifts to upcoming Retail...
Mexican Peso regains ground, trading at 16.98 against the US Dollar following Banxico Deputy Governor’s comments on maintaining high rates. Banxico Deputy Governor Jonathan Heath indicates...
Mexican Peso faces sharp decline as geopolitical risks escalate, hawkish comments from Boston Fed’s Susan Collins weigh on market mood. Speculations of imminent Iranian attack on...
Mexican Peso trims some weekly losses as USD/MXN stays virtually unchanged. Mexico’s Industrial Production contracts, underscoring economic challenges, while US producer prices suggest softening inflation. Fed...
Mexican Peso weakens as higher-than-anticipated US inflation figures might deter Fed from easing policy Rising US Treasury yields and a strengthening US Dollar contribute to Peso...