Share: USD/MXN continues to lose ground despite the dovish Banxico. Mexico Retail Sales (MoM) are expected to be flat at 0.0% and yearly data to ease...
Share: Mexican Peso drops amid the lack of economic data, but remains inside the 17.00/17.60 range. Banxico to remain cautious despite easing policy for the next...
Share: USD/MXN rebounds as US Dollar attempts to recover recent losses. Banxico maintained policy rates at the level of 11.25% in December’s meeting. Fed’s dovish stance...
Share: The Mexican Peso remains soft ahead of the Bank of Mexico’s decision. Mexico’s central bank is forecasted to keep rates at 11.25%, though uncertainty looms...
Share: Mexican Peso halts two-day losing streak against USD, with USD/MXN trading down on the day. Mexico’s inflation data was mixed ahead of the release of...
Share: USD/MXN faces downward pressure weaker US economic data. US Initial Jobless Claims marked the highest level in nearly three months. Banxico could maintain policy rates...
Share: Mexican Peso experiences some volatility to start the week, though it resumed its gains of more than 0.20%. Banxico’s Governor Victoria Rodriguez Ceja’s comments on...
Share: Mexican Peso erases earlier losses, despite Banxico’s dovish hold. Mexico’s Industrial Production uptrend halted after two months of continuous improvement. Federal Reserve Chair Jerome Powell commented...
Share: Mexican Peso strengthens further against the US Dollar, as participants estimate Banxico to hold rates unchanged. Mexico’s inflation reports a slight decrease, though supports the...
Share: Mexican Peso witnessed a pullback from Tuesday´s gains despite an upbeat market sentiment. Banxico is expected to hold rates at 11.25% on Thursday, according to...
Share: USD/MXN consolidates in a tight range of 17.4000 – 17.5900 since Monday. Banxico is expected to keep interest rates unchanged at 11.25%, Investors await Fed...
Share: Mexican Peso recovered from Monday’s dip, with USD/MXN trading around 17.50. Banxico anticipates maintaining the overnight cash rate unchanged at 11.25%, with market pricing in...
Share: Mexican Peso aims to recover further as Mexico’s central bank doesn’t foresee rate cuts. Mexico’s economic docket will report its Fiscal Balance on Friday. USD/MXN...
Share: USD/MXN continues to strengthen due to market caution on the Fed’s interest rate trajectory. Fed’s hawkish stance is reinforcing the bullish momentum of the US...
Share: USD/MXN strengthens due to upbeat US economic data released on Tuesday. Fed is expected to raise interest rates through the end of the year; strengthening...
Share: USD/MXN trades at 17.1222, up by 0.56%, recovering from a daily low of 16.9699. US Nonfarm Payrolls for August meet expectations, but the Unemployment Rate...
Share: USD/MXN edges up 0.13% to 17.1880 amid global recession fears and Banxico’s stable rates. PMIs indicate slowed business expansion across Europe and the US, driving...
Share: USD/MXN eyes first weekly gain in five on Mexican central bank’s status quo. Banxico keeps the benchmark rate unchanged at 11.25%, as expected. Sustained trading...