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...
Mexican Peso is buoyed, sponsored by weak US data and cautious comments from Chair Powell. Banxico Deputy Governor Heath mirrors Powell’s caution, advocating for clearer signs...
Mexican Peso rallies after dovish remarks from Fed Chair Powell. Powell highlights progress on US inflation, hints at balanced risks. Banxico Governor Rodriguez Ceja suggests possible...
The Mexican Peso weakens a percent against the Euro after preliminary results from Sunday’s French election. The far-right National Rally failed to win as many votes...
Mexican Peso rebounds to 18.24 vs. US Dollar following Banxico’s decision to maintain 11.00% rate. Decision aligned with recent inflation data, targeting 3% inflation by Q4...
The Mexican Peso recovers despite a dovish tilt to the Banxico policy meeting on Thursday. A change in the distribution of voting and language of the statement...
Banxico holds interest rate at 11.00%; Deputy Gov. Mejia Castelazo votes for 25 bps cut. Officials cite financial market volatility and unique economic factors in Mexico....
Mexican Peso declined after the Banxico decision to keep rates at 11.00%, hinting at possible future easing. Policymakers optimistic about ongoing disinflation, open to future rate...
Mexican Peso falls for second consecutive day against US Dollar. USD/MXN hits a daily high of 18.33 before trimming gains as Wall Street turns green. Banxico...
The Mexican Peso drifts lower on the eve of the Bank of Mexico policy meeting. The overwhelming majority of economists don’t expect the Banxico to cut...
Mexican Peso depreciates sharply with USD/MXN trading back above 18.00, gaining over 1%. Fed Governor Michelle Bowman’s comments on holding policy rates steady and willingness to...
Mexican Peso appreciates for third consecutive day, hits daily low below 18.00 against US Dollar. June’s mid-month inflation data shows core figures declining, while general inflation...
Mexican Peso strengthens for second consecutive day as USD/MXN drops close to 1%. Positive market reaction comes in response to choice of Marcelo Ebrard as economy...
The Mexican Peso finds support after investors welcome incoming-President Sheinbaum’s cabinet picks. Marcelo Luis Ebrard Casaubón will take the Economy portfolio. High interest rates and a...
Mexican Peso remains stable against US Dollar alongside solid April Retail Sales data. Political uncertainty over AMLO’s judiciary reforms limits further gains, with key announcements expected...
Mexican Peso edges down after recovering over the past five trading days, exchanging hands at 18.41 against the US Dollar. Political developments, including judiciary reform, weigh...
The Mexican Peso trades in a tight range on Tuesday as the currency recovers from the post-election sell-off. President-elect Claudia Sheinbaum seeks to calm markets with...
Mexican Peso down 0.29% amid risk aversion on weak China data and European political uncertainty. Banxico’s verbal intervention last week stabilized the Peso, central bank remains...
The Mexican Peso trades lower in its major pairs at the start of the new trading week. Global growth fears and the unwillingness of the Fed...
Mexican Peso down as judiciary reform fears continue to weigh on investor sentiment. Presumptive President Claudia Sheinbaum reassures investors but echoes President AMLO’s proposal for elected...