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....
The Mexican Peso extends its uptrend after comments from the Deputy Governor of the Bank of Mexico. Irene Espinosa said she advocated for interest rates remaining...
Mexican Peso climbs sharply as USD/MXN surpasses 2023 low of 16.62. Banxico’s Deputy Governor Irene Espinosa’s comments on rate cuts support Peso’s rally. US inflation data...
The Mexican Peso is trading sideways after its strong rally on Wednesday. This is probably a consolidation within an uptrend and more strength is likely for...
Mexican Peso dips to 16.69 against US Dollar in early North American session. US Initial Jobless Claims rise above forecasts, mixed housing data with Building Permits...
The Mexican Peso retreats on Thursday after rallying strongly against the US Dollar following key US data. US CPI and Retail Sales missed analysts expectations and...
Mexican Peso recovers after two-day decline, buoyed by weaker-than-expected US CPI report. US CPI miss leads to cooling inflation, boosting prospects for Fed rate cuts. US...
The Mexican Peso trades steady after weakening for two days in a row. Commentary from the Governor of the Banxico and robust economic data for its...
The Mexican Peso pulls back after its recent run of gains on the back of fears of global trade becoming fragmented. US Dollar recovers against the...
Mexican Peso drops 0.51% against USD after Banxico Governor suggests potential rate cuts. Governor Rodriguez Ceja notes core inflation’s downtrend, fueling speculation of a June 27...
The Mexican Peso edges higher as interest rates in Mexico are expected to remain elevated. Relatively higher interest rates attract higher inflows of foreign capital. USD/MXN...
Mexican Peso depreciates against US Dollar, late during the North American session. Banxico’s decision to maintain the interest rate at 11.00%, sponsored the latest leg down...
Mexican Peso strengthens as the USD/MXN drops 0.21%, following April’s hot inflation report. Consumer Price Index data shows prices remain above Banxico’s target range, hinting it...