Banxico announced its latest rate decision on Thursday, March 21, when it decided to cut rates for the first time since 2021. USD/MXN barely moved on...
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....
Mexican Peso depreciates as local markets close for Benito Juarez’s birthday, USD/MXN aiming above 16.80. Banxico is widely anticipated to reduce interest rates slightly amidst a...
USD/MXN consolidates as risk aversion prevails ahead of policy decisions by the US Fed. The correction in US Treasury yields could weaken the US Dollar. Banxico...
Mexican Peso sees modest uplift as US inflation data tempers Fed easing expectations. Industrial Production in Mexico shows resilience, reinforcing views on potential Banxico rate adjustments....
Mexican Peso faces losses against a resurgent US Dollar, reacting to positive US retail and inflation reports. Banxico Deputy Governor Mejia signals potential for early interest...
Share: Mexican Peso strengthens to a YTD high amid light US economic data. Banxico Deputy Governor hints at possible rate cuts despite maintaining a restrictive policy...
Share: Mexican Peso slips modestly against the US Dollar, reflecting cautious sentiment before US CPI release. US Dollar finds footing after last week’s drop, bolstered by...
Share: USD/MXN fell in February from 17.17 to 17.06. Economists at MUFG Bank analyze Mexican Peso’s outlook. MXN weakening path ahead The MXN might weaken in...
Share: Mexican Peso appreciates for the seventh consecutive day, buoyed by soft US Dollar following mixed US jobs report. Banxico’s upcoming rate decision eyed closely after...
Share: USD/MXN continues its losing streak that began on February 29. US Dollar struggles on risk-on sentiment amid lower US Treasury yields. Mexican Headline inflation is...
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Share: Mexican Peso strengthens, marking over 0.5% weekly gain as USD/MXN reaches a new seven-week low at 16.91. US ISM Services PMI for February indicates a...
Share: USD/MXN attracts traders amidst risk aversion ahead of key data releases from the United States. US ISM Services PMI is expected to ease at 53.0...
Share: USD/MXN struggles to move into the positive territory on Friday. Jobless Rate increased to 2.9% YoY from the previous reading of 2.6%. Fed’s first-rate cut...
Share: Mexican Peso strengthens after US inflation report and unexpected rise in Initial Jobless Claims. Banxico’s latest report highlights ongoing disinflation, suggesting potential for future rate...
Share: Mexican Peso declines slightly against the Dollar, traders focus on upcoming Banxico monetary policy insights. Market anticipates 75 basis points of rate cuts from Banxico...
Share: Mexican Peso gains modestly as US Dollar weakens further despite pressure from rising US Treasury yields. Mexico’s January trade deficit and potential Banxico rate cut...
Share: Mexican Peso erases its earlier losses as traders await a crucial US inflation report. Mexico’s trade balance, unemployment and manufacturing PMI to spotlight economic trends...