Mexican Peso recovered after weakening to an almost three-year low, as US – Mexico pledged to cooperate. The US Dollar Index curtails gain post-announcement, supporting a...
Mexican Peso gains 0.35%, recovering after Trump’s threat of a 25% tariff rattles markets. Trump is expected to delay tariffs implementation to March 1, hints at...
The Mexican Peso plummets on Trump’s threatening to impose 25% tariffs on Mexico. Banxico is expected to cut rates to stimulate the economic recovery amid global...
Mexican Peso recovers from a sharp decline due to US trade threats, showing market resilience. Despite improved risk sentiment, Trump’s reaffirmed tariff plans on key industries...
Mexican Peso on the front foot following as Sheinbaum’s take office. Traders await President-Elect Claudia Sheinbaum’s inaugural remarks. Stronger than expected US JOLTS data and Powell’s...
The Mexican Peso closed Monday slightly higher in its key pairs. President-elect Claudia Sheinbaum takes over from outgoing President Andres Manuel Lopez Obrador on Tuesday. USD/MXN...
Mexican Peso strengthens to 19.60 against the Greenback, supported by anticipation ahead of Claudia Sheinbaum’s October 1 inauguration. Business Confidence for September, expected on October 2,...
The Mexican Peso modulates between weak gains and losses on Monday. The week ahead promises to be busy for traders of the Peso’s key counterparts, given...
The Mexican Peso seesaws between tepid gains and losses following the Bank of Mexico (Banxico) meeting. The bank decided to cut interest rates by 25 bps...
Mexican Peso is virtually unchanged after hitting a daily high of 19.46. Banxico expected to cut rates by 25 bps, but a larger cut could push...
The Mexican Peso edges higher ahead of the Banxico meeting on Thursday. Most analysts expect a moderate 0.25% cut to the central bank’s cash rate. USD/MXN steadily...
Mexican Peso declines as USD/MXN climbs over 1.40%, driven by expectations of further Banxico rate cuts. Cooling inflation in early September bolsters the case for a...
Mexican Peso strengthens after US Consumer Confidence deteriorated. Mexico’s inflation fell below estimates in September, with core inflation easing under 5%, boosting expectations for a 25...
The Mexican Peso trades steadily after the release of Mexican inflation data. Banxico will hold its meeting on Thursday; a 25 bps rate cut is expected. USD/MXN...
Mexican Peso declines for fourth day as USD/MXN recovers from daily low of 19.29. Mexico’s Economic Activity expanded in July, but Retail Sales contracted for the...
The Mexican Peso extends its recovery after the release of US Core PCE data, the Fed’s preferred gauge of inflation. The Peso was already weakening as...
Mexican Peso losses some 0.20% despite recovering from a six-week low. US GDP data for Q2 2024 surpasses expectations, a headwind for the US Dollar. Concerns...
The Mexican Peso is weakening as international investors unwind the Peso-favorable “carry trade”. A negative spell of data has further weakened the Peso as Banxico sets...
Mexican Peso depreciates over 1% against USD, trades above 18.30. INEGI’s mid-month inflation data reveals mixed results, halting disinflation and raising concerns. Political uncertainty grows as...
Mexican Peso drops sharply, trading at 18.09, with market focus on upcoming inflation and GDP data. Mexico’s economy decelerates, with retail sales missing expectations, fueling a...