Share: Banxico’s decision to reduce its currency hedging program sends the pair higher. US Nonfarm Payrolls beat expectations but rising Unemployment Rate stalls USD rally. Cleveland’s...
Share: Asian stock markets trade in negative territory on Wednesday. Chinese House Price Index for July fell to -0.1% versus 0% prior. Investors will keep an...
Share: US Housing Starts for July show positive momentum, indicating stabilization in the housing market post-Fed tightening. USD/MXN remains subdued despite the Greenback’s rise, with the...
Share: Global market sentiment remains cautious due to China’s economic slowdown, evident from recent data on retail sales, exports, and property market turmoil. The recent Federal...
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: US Existing Home Sales contract by -2.2% in July, with inventory constraints and rising mortgage rates as key drivers. Richmond Fed Manufacturing Index meets expectations...
Share: USD/MXN is down 0.48%, trading at 16.8260, as disappointing S&P Global PMIs weigh on the greenback. US Treasury bond yields slump, with the 10-year note...
Share: USD/MXN trades at 16.7187, down 0.13%, as the Mexican Peso capitalizes on interest rate differentials and Banxico’s hawkish outlook. Despite Powell’s hawkish remarks, the US...
Share: Mexico’s Q2 GDP growth comes in below expectations at 0.8% QoQ, pushing USD/MXN higher as Banxico holds rates steady at 11.25%. US Job Openings declined...
Share: USD/MXN trades at 16.7508, down 0.26%, as disappointing US labor and GDP data weaken the Greenback, pushing US Treasury yields lower. US Dollar Index (DXY)...
Share: USD/MXN trades around 17.00, up significantly from a daily low of 16.7083, as month-end flows and mixed US economic data favor the Greenback. Banxico announces...