The Mexican Peso briefly recovered on Thursday after the President of the Banxico warned she will prop up the Peso if volatility persists. The recovery falters...
Mexican Peso counterattacks, snapping two days of losses. Banxico Governor Victoria Rodriguez Ceja assures intervention if Peso exhibits “atypical behavior or extreme volatility.” Greenback weakens against...
The Mexican Peso bottoms out after falling to 18-month lows midweek. President Obrador hits back at critics and speculators, defending his judicial reforms. USD/MXN pulls back...
Mexican Peso weakened by political uncertainty following June 2 elections and upcoming judicial reforms by President AMLO. Political turmoil and judicial reform concerns in Mexico lead...
Mexican Peso continues to depreciate more than 1.20% on Tuesday as investors fear judiciary reform and dissolution of autonomous bodies. Sheinbaum’s confirmation of “Plan C” program...
The Mexican Peso fell over 8.0% in its key pairs last week as a result of election volatility. The Peso further weakens after a speech by...
Mexican Peso collapsed to 18.40 against USD after AMLO’s remarks on judicial and transparency reforms. AMLO’s comments on judicial reform and dissolution of autonomous bodies spur...
Most recent article here: Mexican Peso tanks to eight-month low amid AMLO’s comments, US data The Mexican Peso declines towards post-election lows as markets fret about newly elected...
Mexican Peso slops some 0.12% after major central banks cut rates. Mexico’s Finance Minister reassures fiscal discipline and Banxico’s autonomy, capping further Peso losses. Mixed economic...
The Mexican Peso extends its recovery into a second day supported by broad risk appetite. The rebound started following market-soothing comments from the Mexican Finmin that...
Mexican Peso hits new yearly low of 18.19 during European session before retreating. Mexican finance minister reassures markets, emphasizes financial discipline and investment. US job openings...
The Mexican Peso continues to fall after plummeting over 4% in key pairs on Monday. The possibility of the left-leaning Morena party winning a supermajority sparks fears...
Mexican Peso falls sharply after Dr. Claudia Sheinbaum’s victory and Morena’s majority in Congress. Concerns rise over potential constitutional changes and market stability, impacting investor sentiment...
The Mexican Peso is trading higher against the USD on Friday after the release of US PCE inflation data. Core US Personal Consumption Expenditure (PCE) slowed...
Mexican Peso strengthens to 16.92 after hitting four-week low of 17.13. US GDP data unchanged; higher unemployment claims suggest economic slowdown, weakening the US Dollar. Banxico...
The Mexican Peso is at risk of reversing its long-term uptrend. Several analysts say MXN has peaked and is on the way down. Negative fundamentals include...
USD/MXN climbs more than 1%, fueled by strong US economic indicators. Minneapolis Fed President Neel Kashkari hints at continued rate hikes, expects only two cuts in...
Mexican Peso recovers ground against the US Dollar, trading at 16.64, down 0.09%. Mexican economic data reveals an April trade deficit and a Q1 2024 Current...
The Mexican Peso rises in its key pairs as investor risk appetite improves. China, Japan and South Korea reopen free-trade talks, tech stocks rally. Speculation of...
Mexican Peso recovers slightly, breaking three-day losing streak. Mexico’s wider April trade deficit and slower economic growth are reported by INEGI. Banxico minutes show division on...