21 of 26 economists forecast Banxico will cut rates from 8.50% to 8.00% next week. Deputy Governor Heath signals caution, favoring a pause to assess data....
The Mexican Peso extends its gains against the US Dollar as markets adopt a ‘risk-on’ sentiment following the easing of US-China tensions. USD/MXN remains in a...
The Mexican Peso trades in a tight range below 19.30 with risk-sentiment weighing on emerging market (EM) currencies despite a weaker US Dollar. Trump’s tariff threats...
The Mexican peso edges up slightly, recovering some of the previous day’s losses. Banxico cuts rates while the Fed remains cautious, highlighting a contrasting economic outlook...
USD/MXN flats near 19.58 as soft Mexican manufacturing and Banxico’s dovish tilt weigh against strong US jobs data. Mexico’s dismal data suggests the economic slowdown might...
Mexican Peso weakens 0.48% even as Mexican labor market and trade data surprise to the upside. Ongoing US-China trade tensions cloud risk sentiment, limiting Peso’s upside...
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...