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...
Share: USD/MXN trades sideways as the investors turn cautious ahead of the Fed decision. US Dollar (USD) could experience upward support on the likelihood of a 25...
Share: USD/MXN trades at 17.1182, rebounding from a daily low of 17.0296, as markets anticipate key central bank decisions this week. US Federal Reserve expected to...
Share: Economists at Société Générale analyze USD/MXN technical outlook. 16.60 remains important support USD/MXN rebound petered out near the trend line drawn since September 2022 at...
Share: The Mexican Peso weakened in August, posting its first monthly decline this year. Losses have extended in September so far. Economists at Scotiabank analyze MXN’s...
Share: USD/MXN trades at 17.0741, down 0.19%, as the pair slides below the 20-day Moving Average, targeting the psychological 17.0000 level. Mixed US data, including a...