Mexican Peso gains 0.55%, trading at 17.92, after better-than-expected Economic Activity data. INEGI reports strong economic activity for May, offsetting slow retail sales growth. US political...
USD/MXN loses ground due to increased risk sentiment amid dovish Fed. CME Group’s FedWatch Tool suggests a 91.7% probability of a 25-basis point rate cut in...
Mexican Peso plunges more than 2.30% in the week. Mexico’s creditworthiness remains solid as Fitch reaffirms Mexico’s BBB rating but warns about the judiciary reform. Trump’s...
USD/MXN gains ground due to increased risk aversion despite the dovish Fed. The US Dollar may limit its upside due to rising speculation of the Fed...
Mexican Peso edges down 0.20% as USD/MXN rebounds from a daily low of 17.63. IMF lowers Mexico’s 2024 GDP forecast from 2.4% to 2.2% amid economic...
The Mexican Peso is trading lower against its main counterparts amid data releases and changing interest rate expectations. MXN is weakening against the USD after a...
Mexican Peso drops more than 1% after Trump assassination attempt news shakes markets. US Dollar Index climbs to 104.18, reflecting increased demand for safe-haven assets. Banxico’s...
Mexican Peso extends gains as USD/MXN reaches 17.68 after hitting five-week low of 17.62. Mexico’s Industrial Production rebounds in May, indicating resilience amid economic slowdown. Banxico...
The Mexican Peso trades mixed in key pairs after the release of the Banxico June meeting Minutes. The Peso is higher against the US Dollar but...
Mexican Peso appreciates following Mexico and US data. Banxico minutes reveal potential for interest rate adjustments as inflation is expected to converge by Q4 2025. US...
Mexican Peso appreciates following Mexico and US data. Banxico minutes reveal potential for interest rate adjustments as inflation is expected to converge by Q4 2025. US...
The Mexican Peso is rising after the release of broadly inflationary data suggests interest rates might remain elevated. Relatively high interest rates in Mexico, at 11.00%,...
Mexican Peso extended its gains as USD/MXN drops deeper beneath 18.00. Mexico’s CPI surged close to 5% in June, driven by rising food prices and Peso...
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Mexican Peso rallies as USD/MXN drops below 18.00 and hits lowest level since June 25. June’s CPI report, Consumer Confidence, and Industrial Production to shape Mexico’s...
The Mexican Peso rises in its most-traded pairs as political risk impacts counterparts. The Greenback strengthens as a result of a higher probability of Trump winning...
Mexican Peso hit an eight-day high of 17.99 before losing traction. Light economic week in Mexico; upcoming data includes May CPI, Consumer Confidence, and Banxico meeting...
The Mexican Peso continues rallying against the US Dollar and makes more muted gains against European counterparts. The Greenback is losing ground after a run of...
Mexican Peso registers gains third consecutive day, trading below 18.10 against the US Dollar. Weaker US economic data, including disappointing ADP Employment Change and rising unemployment...
The Mexican Peso drifts higher after comments from Banxico Deputy Governor Heath suggesting interest rates should remain elevated. EUR/MXN and GBP/MXN trade flatter as European political...