Share: USD/MXN drops as revised US inflation data fuel expectations for Fed easing. US inflation adjustments show success in price control, leading to a weakened Dollar...
Share: Banxico announced its latest rate decision on Thursday, February 8 with no change to the current 11.25% policy rate. USD/MXN reaction was fairly muted. Economists...
Share: Bank of Mexico’s monetary policy decision is due out today. Will the Banxico signal a turnaround? Economists at Commerzbank analyze how the Mexican Peso (MXN)...
Share: In EM, the currencies of Mexico and Turkey are outperforming. Economists at ING are still very positive on the Mexican Peso (MXN). Focus on Banxico’s...
Share: Mexican Peso gains, driven by a soft US Dollar due to lower US Treasury yields and upbeat market mood. Market anticipates Consumer Confidence, auto data...
Share: Mexican Peso begins the week on the back foot, driven by Fed Chair Jerome Powell disregarding Mexico’s quiet Constitution Day shifts focus to inflation data...
Share: The Mexican Peso (MXN) is the only Latin currency to be up against the Dollar on a total return basis in 2024. Economists at ING...
Share: Mexican Peso down 0.35% vs. USD, hit by strong US jobs data and Mexico’s investment decline. S&P maintains Mexico’s BBB rating, focusing on 2024 elections...
Share: Mexican Peso appreciates against the Dollar, driven by the recent Fed decision and softer US employment figures. Banxico’s survey indicates expectations of a rate cut...
Share: USD/MXN edges higher on Fed Powell’s hawkish remarks on interest rate trajectory. Banxico may consider an interest rate cut in March on slower growth of...
Share: Mexican Peso depreciates as broader market caution remains before Fed decision. US employment data and a low Employment Cost Index shows the labor market is...
Share: Economists at Standard Chartered analyze Mexican Peso’s (MXN) outlook ahead of upcoming election cycles in both Mexico and the US. Election cycles to complicate the...
Share: Mexican Peso notches minor gains with USD/MXN trading at 17.23, up 0.03%, as investors assess economic indicators from Mexico. Mexican GDP growth falls short of...
Share: Mexican Peso weakens, USD/MXN rises 0.36%, as markets anticipate Fed policy decision. Lowered expectations for Fed rate cut, Middle East tensions drive Peso down, Dollar...
Share: Mexican Peso strengthens for third day, bolstered by strong trade balance and weak US PCE figures. Mexico’s sizable December trade surplus and robust job market...
Share: Mexican Peso drops 0.08% amidst US economic data showing continued growth and mixed signals from Mexico. Strong US GDP growth for Q4 2023 and stable...
Share: Mexican Peso up, USD/MXN down nearly 1% as unexpected high inflation in Mexico may hinder Banxico’s easing policy plans. INEGI reveals mixed Mexican economy: Rising...
Share: USD/MXN reversed after briefly testing the 200-Day Moving Average (DMA). Economists at Société Générale analyze the pair’s outlook. 17.42/17.55 likely to cap upside USD/MXN has...
Share: Mexican Peso starts the session lower as the US Dollar Index (DXY) remains steady around 103.24. Despite Wall Street gains, USD/MXN fails to rally sharply...
Share: USD/MXN attempts to snap its losing streak on improved Greenback. US Dollar could face pressure as the Fed is expected to reduce policy rates more...