Share: USD/MXN was down by 0.30% in H2 2023 following weak US manufacturing data and yield curve inversion. US manufacturing activity slows for an eighth consecutive...
Share: USD/MXN holds steady near 17.1200 as easing US inflation slows US Dollar’s climb, despite concerning Mexican jobs data. The US Dollar Index drops more than...
Share: USD/MXN extends its consolidating price moves and remains confined in a familiar range. The technical setup favors bearish traders and supports prospects for additional losses....
Share: Mexican Peso is resilient despite Banxico keeping rates unchanged. USD/MXN loses ground amid robust US economic data. Powell’s upcoming speech to determine USD/MXN direction. The...
Share: USD/MXN edges up 0.13% to 17.1880 amid global recession fears and Banxico’s stable rates. PMIs indicate slowed business expansion across Europe and the US, driving...
Share: USD/MXN eyes first weekly gain in five on Mexican central bank’s status quo. Banxico keeps the benchmark rate unchanged at 11.25%, as expected. Sustained trading...
Share: USD/MXN stays defensive around 17.20 amid the early hours of Wednesday’s Asian session, after posting the biggest daily jump in a month to extend last...
Share: The USD/MXN pair surges over 0.80%, with market focus on impending Banxico and US Fed monetary verdicts. Despite hawkish Banxico tones, no rate hikes are...
Share: USD/MXN drops to a seven-year low, extending losses for the fourth consecutive week. The Federal Reserve’s decision to keep rates unchanged weakens the US Dollar,...
Share: USD/MXN has displayed a recovery move from 17.10 following positive cues from the USD Index. S&P500 futures have increased losses as investors are hoping that...
Share: USD/MXN prints first daily gains in three, bounces off lowest levels since 2016. Immediate resistance break joins upbeat oscillators to favor short-term pair buyers. Mexican...
Share: USD/MXN portrays a corrective bounce from the lowest levels since May 2016 as it prints mild gains around 17.25 amid early hours of Wednesday’s trading....
Share: USD/MXN falls over 0.30% as US headline inflation drops, encouraging Fed’s likely pause in June. Despite the US Dollar drop, Treasury bond yields rise; 10-year...
Share: USD/MXN falls to seven-year lows, down by 0.63%. Mexico’s deflationary process sees May’s CPI falling more than expected, predicted to keep Banxico from raising rates....
Share: US jobs growth exceeds estimates, yet USD/MXN slips by 0.12%. US Treasury bond yields’ increase lends some support to USD/MXN. Bank of Mexico’s stand on...
Share: USD/MXN remains pressured at the lowest levels in two weeks after snapping two-day uptrend. Clear downside break of short-term support line, bearish MACD signals favor...
Share: The USD/MXN pair trades higher, fueled by risk-off sentiment and declining US bond yields. The Conference Board reports a decline in consumer confidence in May,...
Share: USD/MXN takes offers to approach 13-day-old horizontal support zone, down for the third consecutive day. Oversold RSI (14) line challenges Mexican Peso pair’s further downside...
Share: USD/MXN rebounds to around 17.8040 after a more than 2000-pip dip. Robust US labor market data and Q1 growth revision boost the USD/MXN from 17.7000...
Share: USD/MXN reaches a three-week high amid actions by the Mexican Government, stirring uncertainty in the business community and resulting in outflows from the Mexican Peso....