Mexican Peso edges up 0.50% against the US Dollar as traders await the Federal Reserve’s policy announcement. Mexico’s Q1 2024 GDP growth slows to 1.6% year-over-year,...
Mexican Peso falls over 0.41% after Mexico’s Q1 GDP growth underperforms expectations. Stronger-than-expected US Employment Cost Index bolsters US Dollar, diminishing prospect for imminent Fed rate...
The Mexican Peso pauses in its recovery in most major pairs. Risk appetite continues to be positive, however, supporting a bullish outlook for the Peso. Analysts...
Mexican Peso gains over 0.7%, capitalizing on US Dollar pullback triggered by Japanese intervention in Forex markets. Mexico’s economic agenda is light today, but pivotal releases...
Mexican Peso strengthens against US Dollar, buoyed by positive market mood, mixed economic reports. US inflation remains hot as core PCE Price Index increases above March...
The Mexican Peso falls against major peers as inflation outlook in US, Europe and UK remains stickier than expected. This will probably lead to interest rates...
Mexican Peso depreciates by over 0.5% against US Dollar, reacting to unexpected inflation reacceleration in the US. US GDP growth for Q1 2024 falls short of...
The Mexican Peso falls as market sentiment turns negative. Equities are down after Meta shares tumbled on Q2 guidance and rising Middle East tensions. The Peso...
Mexican Peso weakens against US Dollar, with USD/MXN climbing 0.74% following mixed Mexican inflation report, robust US Durable Goods Orders. Mexico’s CPI for mid-April shows mixed...
The Mexican Peso weakens in most key pairs after the release of Mexican inflation data. The data showed a greater-than-expected rise in the CPI but core CPI...
Mexican Peso capitalized on weaker-than-expected US economic output, uptick in risk appetite. Upcoming mid-month inflation data in Mexico could impact Banxico’s rate decisions, with expectations leaning...
The Mexican Peso trades higher in most pairs as global Purchasing Manager Indices (PMI) for April are released. Manufacturing PMIs in both the Eurozone and US...
The Mexican Peso recovers as tensions in the Middle East abate temporarily. Several sources of geopolitical risk, however, continue to present threats to the Peso. A...
Mexican Peso weakens by 0.50% against the US Dollar, reacting to global safe-haven flows triggered by Middle East tensions. Banxico Deputy Governor Jonathan Heath signals potential...
The Mexican Peso recovers after data shows a rise in Retail Sales in February. The Peso had weakened in a volatile sell-off after markets switch risk...
Mexican Peso on defensive as USD/MXN is back above 17.00. Mexican economic growth estimated at 2.1% YoY in March, but market focus shifts to upcoming Retail...
The Mexican Peso consolidates after strengthening temporarily on Banxico Heath’s comments. USD/MXN forms a bullish Pennant price pattern on the 4-hour chart. The economic growth outlook...
Mexican Peso regains ground, trading at 16.98 against the US Dollar following Banxico Deputy Governor’s comments on maintaining high rates. Banxico Deputy Governor Jonathan Heath indicates...
The Mexican Peso has reversed its entrenched uptrend in the short term. The move comes after the IMF revised down their economic growth forecasts for Mexico. ...
Mexican Peso depreciates more than 1.8%, driven by Middle East tensions and robust US economic data. The IMF cuts Mexico’s growth forecast, expecting tighter fiscal policies...