Share: Mexican Peso approaches last week’s high of 18.48; USD/MXN bulls target 18.50. Mexico’s inflation slows as core CPI rate drops below 6%, headline inflation near...
Share: Mexican Peso is marking over 5% weekly losses as US Nonfarm Payrolls outperform analysts’ estimates. Mexico’s encouraging data fails to lift the Peso’s amid government...
Share: USD/MXN has retraced the intraday gains due to a decline in US Bond yields. Banxico is expected to maintain its current interest rate level, following...
Share: Mexican Peso accelerates and prints gains of 0.57%, shy of reclaiming the 200-day SMA. The fall is US bond yields shifted market sentiment positive a...
Share: Mexican Peso prolongs its losses, with sellers eyeing 17.70. Mexico’s remittances post an annual advance of more than 8%. Banxico’s USD/MXN FIX for October 2...
Share: USD/MXN remains depressed for the third successive day on Monday. The mixed technical setup warrants some caution for bearish traders. Any further decline towards the...
Share: Economists at Wells Fargo analyze the Mexican Peso (MXN) outlook. Mexican Peso to weaken in the months ahead While we expect the Mexican Peso and...
Share: Mexican Peso aims to recover further as Mexico’s central bank doesn’t foresee rate cuts. Mexico’s economic docket will report its Fiscal Balance on Friday. USD/MXN...
Share: The Mexican Peso hovers around 17.60s on hawkish Bank of Mexico hold. Banxico upward revised its inflation forecasts in 2024 from 3.57% to 3.875%. The...
Share: The Mexican Peso has suffered significant losses in recent days. Economists at Commerzbank analyze USD/MXN outlook. Support for MXN from Banxico’s restrictive monetary policy may...
Share: USD/MXN continues to strengthen due to market caution on the Fed’s interest rate trajectory. Fed’s hawkish stance is reinforcing the bullish momentum of the US...
Share: USD/MXN strengthens due to upbeat US economic data released on Tuesday. Fed is expected to raise interest rates through the end of the year; strengthening...
Share: USD/MXN is on an uptrend, with the pair trading at 17.4904, driven by the hawkish stance of the US Federal Reserve. US Federal Reserve’s projections...
Share: USD/MXN struggles to gain any meaningful traction and oscillates in a range on Monday. The technical setup supports prospects for some meaningful upside amid a...
Share: USD/MXN edges lower by 0.48% on positive market sentiment and a weakened US Dollar. Despite hawkish remarks from Fed officials, the US Dollar remains under...
Share: Mexico’s central bank (Banxico) will meet next week to decide on its interest rate. Economists at Commerzbank analyze MXN outlook. Banxico will maintain its hawkish...
Share: USD/MXN shifts comfortably above $17.00 as the US Dollar remains resilient. The appeal for risk-sensitive currencies remains weak due to the upside risks of a...
Share: USD/MXN climbs to 17.1637, up 0.43%, fueled by the Fed’s hawkish hold and upward revisions of future interest rates. Mixed US economic data contrasts with...
Share: Carry proposition for MXN still intact, although headwinds have been strengthening, economists at Société Générale report. MXN valuations in an EM context Strong growth outperformance...
Share: USD/MXN down 0.37%, trading at 17.0685, as the Mexican Peso recovers some of its losses. Investors turn cautious ahead of the Federal Reserve meeting, where...