Share: USD/MXN drops 0.71% to 17.4624, influenced by a softer US Dollar Index, which declines 0.49% to 104.530 despite rising US bond yields. Mexican Industrial Production...
Share: USD/MXN hovers around 17.5684, as lack of fresh economic catalysts and dovish Fed comments keep the pair in check. Despite strong US economic data, November...
Share: USD/MXN drops 0.30% to 17.5300 as Mexico’s inflation falls to 4.64%, meeting market expectations and signaling a cooling economy. US jobless claims below forecasts at...
Share: USD/MXN scales higher for the sixth straight day and touches a three-month high on Thursday. The recent breakout through the 100-day SMA and the 17.40-45...
Share: Banxico’s decision to reduce its currency hedging program sends the pair higher. US Nonfarm Payrolls beat expectations but rising Unemployment Rate stalls USD rally. Cleveland’s...
Share: US Housing Starts for July show positive momentum, indicating stabilization in the housing market post-Fed tightening. USD/MXN remains subdued despite the Greenback’s rise, with the...
Share: Global market sentiment remains cautious due to China’s economic slowdown, evident from recent data on retail sales, exports, and property market turmoil. The recent Federal...
Share: USD/MXN trades at 17.1222, up by 0.56%, recovering from a daily low of 16.9699. US Nonfarm Payrolls for August meet expectations, but the Unemployment Rate...
Share: Mexican Retail Sales for June surge to 2.9% MoM, significantly outpacing the anticipated 0.9% growth. Preliminary INEGI data indicates a 3.4% growth in Mexico’s economy...
Share: USD/MXN rebound has faltered near recent pivot high of 17.42. Economists at Société Générale analyze the pair’s technical outlook. A pullback can be expected towards...
Share: US Existing Home Sales contract by -2.2% in July, with inventory constraints and rising mortgage rates as key drivers. Richmond Fed Manufacturing Index meets expectations...
Share: USD/MXN stays pressured at the lowest level in three weeks while taking offers to 16.90 amid early Wednesday. In doing so, the Mexican Peso (MXN)...
Share: USD/MXN is down 0.48%, trading at 16.8260, as disappointing S&P Global PMIs weigh on the greenback. US Treasury bond yields slump, with the 10-year note...
Share: USD/MXN drops to the lowest level in a month, pressured around multi-day low of late. Broad-based US Dollar pullback joins cautious optimism in the market...
Share: USD/MXN trades at 16.7187, down 0.13%, as the Mexican Peso capitalizes on interest rate differentials and Banxico’s hawkish outlook. Despite Powell’s hawkish remarks, the US...
Share: Mexico’s Q2 GDP growth comes in below expectations at 0.8% QoQ, pushing USD/MXN higher as Banxico holds rates steady at 11.25%. US Job Openings declined...
Share: USD/MXN remains sidelined after reversing from weekly top. Doji candlestick below the key DMA confluence lures Mexican Peso buyers. Downbeat oscillators, four-month-old bearish channel keeps...
Share: USD/MXN trades at 16.7508, down 0.26%, as disappointing US labor and GDP data weaken the Greenback, pushing US Treasury yields lower. US Dollar Index (DXY)...
Share: USD/MXN struggles for clear directions ahead of key data. Mixed prints of Mexican Q2 GDP, Fiscal Balance prod Peso buyers. US Dollar remains depressed as...
Share: USD/MXN trades around 17.00, up significantly from a daily low of 16.7083, as month-end flows and mixed US economic data favor the Greenback. Banxico announces...