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...
Mexican Peso rally pauses, influenced by mixed inflation data and Banxico rate cut. Core CPI deceleration backs Banxico move, yet annual inflation worries linger. USD/MXN’s next...
Mexican Peso strengthens against US Dollar, drawing below significant levels last seen in October 2015. The first presidential debate highlights the contrast between Claudia Sheinbaum’s and...
Mexican Peso strengthens against US Dollar, with USD/MXN dropping to 16.48 in reaction to upbeat US labor market figures. Despite a robust US jobs report, increased...
The Mexican Peso rises to a nine-year high versus USD on Friday. The release of Banxico’s March meeting minutes may have helped spur the Peso to more...
Mexican Peso is slightly up versus the US Dollar on cautious trading as Consumer Confidence deteriorates. Decrease in Mexico’s Consumer Confidence and Manufacturing PMI slowdown highlight...
Mexican Peso rises despite higher US Treasury yields, mixed data. Atlanta Fed President Bostic’s hawkish outlook sponsored traders repricing for a less dovish Fed. US jobs...
Mexican Peso climbs on Greenback as Mexico’s stable Business Confidence overshadows climbing US Treasury yields. Mexico’s economic schedule will feature Gross Fixed Investment and upcoming Banxico...
Mexican Peso drops as a reflection of investor reaction to upbeat US manufacturing figures and a surge in Treasury yields. Mexico’s manufacturing sector shows stability, but...
Mexican Peso skyrockets sharply toward 16.53 against the US Dollar as USD/MXN contracts 0.65%. Mexico’s narrowed trade deficit and the tighter labor market in Mexico contributed...
Mexican Peso ticks down as US Durable Goods Orders jump and Consumer Confidence steadies. Banxico’s dovish stance remains with Governor Rodriguez hinting at possible future rate...
Mexican Peso benefits from US Dollar weaknesses, shrugging off Banxico rate cut. Banxico Governor emphasized cautious approach to rate adjustments, stressing ongoing inflation battle. Mixed economic...
Mexican Peso strengthens as USD/MXN declines below key support level after recent central bank rate announcements. Banxico’s split decision to cut rates to 11.00% provides a...
Mexican Peso weakens in early North American trading as US Dollar gains strength. Mexican data is mixed though the economy finished 2023 on a higher note....