Mexican Peso soars as USD/MXN drops 1.14% amid weaker US Dollar. Trump and Sheinbaum describe call as “very productive,” boosting sentiment and reducing near-term tariff risks....
Fitch Ratings gave Mexico a confidence vote, affirming that its long-term foreign currency issuer default rating (IDR) is at ‘BBB-‘ with a stable outlook. Key highlights...
Mexican Peso gains as China retaliates with 125% tariffs, sending the US Dollar Index below 100 for the first time since 2021. Banxico minutes show unanimous...
Banxico board sees increased economic slack and downside inflation risks, reinforcing expectations for more rate cuts. Majority noted orderly MXN trading and improving liquidity conditions despite...
Mexican Peso weakens for third straight day as dovish Banxico tone, sticky US inflation and trade tensions fuels USD/MXN rally. Banxico slashes rates by 50 bps...
Mexican Peso drops nearly 1% as traders brace for Banxico’s rate cut and digest US trade shock. Trump enacts 25% tariffs on all auto imports, hitting...
Mexican Peso weakens 0.24% even as DXY slips, reflecting Banxico rate cut expectations. Data shows resilient Retail Sales, but economic contraction fuels a dovish policy outlook....
Mexican Peso slips amid rising bets on Banxico rate cut and global uncertainty. Mexico’s economic data disappoints with private spending plunging and activity estimates pointing to...
A Reuters poll revealed that on March 27, Banco de Mexico (Banxico) is expected to cut interest rates by 50 bps amid the evolution of the...
Mexican Peso advances as USD/MXN plunges below 19.90, down over 1%. The Peso shrugs off Mexico’s weak industrial output and declining consumer confidence fueling recession concerns....
Mexican Peso appreciates as USD/MXN dives toward 20.00 amid Fed easing expectations. Weak Mexican Industrial Production data was overshadowed by improved risk appetite, boosting MXN against...
Mexican Peso drives USD/MXN towards the 20.00 figure. Tariff uncertainties persist but yield advantage keeps Peso attractive US CPI data softer than expected, raising bets on...
Mexican Peso flatlines as trade war escalation limits risk appetite. USD/MXN trades near 20.33 as US-Canada trade tensions overshadow market sentiment. Peso struggles despite broad USD...
Mexican Peso snaps four-day winning streak as risk sentiment sours. Dismal Mexican Consumer Confidence adds pressure to the Peso as outlook worsens for next year. US...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
USD/MXN retreats as US trade policies overshadow economic data. Mexico’s inflation beats forecasts, but Banxico still expected to cut rates on March 27. USMCA four-week exemptions...
USD/MXN retreats as US trade policies overshadow economic data. Mexico’s inflation beats forecasts, but Banxico still expected to cut rates on March 27. USMCA four-week exemptions...
Trump delays reciprocal tariffs on Mexico until April 2 after talks with Sheinbaum. USD/MXN briefly falls as tariff relief boosts MXN before rebounding above 20.30. Traders...
The Mexican Peso plunges 1.79% as trade tensions escalate, nearing the 21.00 mark Trump enacts 25% tariffs on Mexico, citing fentanyl and immigration concerns. President Sheinbaum...