Share: USD/MXN faces downward pressure weaker US economic data. US Initial Jobless Claims marked the highest level in nearly three months. Banxico could maintain policy rates...
Share: Mexican Peso continues its five-day rally as the USD/MXN drops below the key support at the 100-day SMA. Banxico’s officials comments suggest the central bank...
Share: The Mexican Peso has had a strong year. Economists at ING analyze MXN outlook. Banxico’s confidence in the disinflation process may encourage it to ease...
Share: Mexican Peso strengthens against the US Dollar, with USD/MXN falling below 17.40 after a peak of 17.62. The USD/MXN decline is supported by speculation the...
Share: Mexican Peso experiences some volatility to start the week, though it resumed its gains of more than 0.20%. Banxico’s Governor Victoria Rodriguez Ceja’s comments on...
Share: Mexican Peso erases earlier losses, despite Banxico’s dovish hold. Mexico’s Industrial Production uptrend halted after two months of continuous improvement. Federal Reserve Chair Jerome Powell commented...
Share: Mexican Peso strengthens further against the US Dollar, as participants estimate Banxico to hold rates unchanged. Mexico’s inflation reports a slight decrease, though supports the...
Share: Banxico will announce its rate decision later today. Economists at ING analyze Mexican Peso’s outlook ahead of the meeting. Banxico should remain hawkish Survey respondents...
Share: Mexican Peso witnessed a pullback from Tuesday´s gains despite an upbeat market sentiment. Banxico is expected to hold rates at 11.25% on Thursday, according to...
Share: USD/MXN consolidates in a tight range of 17.4000 – 17.5900 since Monday. Banxico is expected to keep interest rates unchanged at 11.25%, Investors await Fed...
Share: Mexican Peso recovered from Monday’s dip, with USD/MXN trading around 17.50. Banxico anticipates maintaining the overnight cash rate unchanged at 11.25%, with market pricing in...
Share: The Mexican Peso (MXN) starts the week with a 0.30% decline against the U.S. Dollar (USD), with the USD/MXN pair rising above the 17.50 level....
Share: Mexican Peso gains as US Nonfarm Payrolls expand by only 150K, missing the 180K forecast. Weak US jobs report fuels speculation of multiple Fed rate...
Share: Recent price action has seen MXN’s status as the second-best performer year-to-date flip to the worst performer since the beginning of September and the second...
Share: USD/MXN remains under selling pressure on the weaker of the USD. The pair holds below the 50- and 100-day EMAs on the four-hour amid the...
Share: Mexican Peso buyers are in charge after the USD/MXN slump below the 18.00 figure. Mexico’s Business Confidence improved in October, rising to 54 from September’s...
Share: USD/MXN gains ground despite solid Mexico’s GDP figures. Mexico’s economy expanded at 0.9% in the third quarter compared to the 0.8% expected. Positive market sentiment...
Share: Mexican Peso hovers around 18.08, down 0.09% on risk-on mood. Hurricane Otis’s impact on the southern state of Guerrero could strain Mexico’s finances. USD/MXN traders...
Share: Mexican Peso extends its gains, printed a 7-day low below 18.00, on risk-on impulse. Mexico’s trade deficit widened to $-1.481 billion in September but didn’t...
Share: USD/MXN lost ground as Mexico’s economic data suggests a robust labor market. Mexico’s Jobless Rate declined to 2.9% in September from the previous reading of...