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...
The Mexican Peso reverses earlier loses after risk appetite improves. The Peso fell against the US Dollar after strong US economic data strengthened the buck on...
Mexican Peso drops versus US Dollar amid GDP slowdown and Banxico Minutes highlighting inflationary pressure. Banxico revises inflation outlook and expects convergence to 3% target by...
The Mexican Peso gives up its gains versus the USD following the release of US PMI data for May. The data shows both Manufacturing and Services...
Mexican Peso registers losses as USD/MXN trades at 16.68, up more than 0.30%. Federal Reserve meeting minutes showed that officials could raise rates if inflation warrants it....
The Mexican Peso trades flat as traders await a slew of data about the Mexican economy on Thursday. The Peso witnessed a reversal on Tuesday that...
Mexican Peso edges down 0.30% against US Dollar, trading at 16.64. Mexico’s April Economic Activity Indicator shows minimal growth with Q1 2024 GDP expected to be...
The Mexican Peso continues its uptrend despite poor Mexican data and risk aversion. The wide interest-rate differential between Mexico and Western countries continues to favor the...
Mexican Peso rises 0.26% against US Dollar and dives below 16.60. Weak March Retail Sales data from INEGI ahead of Q1 GDP release and Banxico minutes....