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...
Mexican Peso falls against strengthening US Dollar, driven by unexpectedly robust US Retail Sales for March. Mexico’s absence of significant data leaves USD/MXN pair more responsive...
Mexican Peso faces sharp decline as geopolitical risks escalate, hawkish comments from Boston Fed’s Susan Collins weigh on market mood. Speculations of imminent Iranian attack on...
Mexican Peso trims some weekly losses as USD/MXN stays virtually unchanged. Mexico’s Industrial Production contracts, underscoring economic challenges, while US producer prices suggest softening inflation. Fed...
USD/MXN trades with a positive bias for the third straight day, albeit lacks follow-through. The technical setup supports prospects for the emergence of fresh selling at...
Mexican Peso weakens as higher-than-anticipated US inflation figures might deter Fed from easing policy Rising US Treasury yields and a strengthening US Dollar contribute to Peso...
The Mexican Peso has resumed its uptrend despite cooler-than-expected inflation data for March. The slowdown in price pressures was not substantial enough to change the overall...
Mexican Peso rally pauses, influenced by mixed inflation data and Banxico rate cut. Core CPI deceleration backs Banxico move, yet annual inflation worries linger. USD/MXN’s next...
Mexican Peso strengthens against US Dollar, drawing below significant levels last seen in October 2015. The first presidential debate highlights the contrast between Claudia Sheinbaum’s and...
Mexican Peso strengthens against US Dollar, with USD/MXN dropping to 16.48 in reaction to upbeat US labor market figures. Despite a robust US jobs report, increased...
The Mexican Peso rises to a nine-year high versus USD on Friday. The release of Banxico’s March meeting minutes may have helped spur the Peso to more...
Mexican Peso is slightly up versus the US Dollar on cautious trading as Consumer Confidence deteriorates. Decrease in Mexico’s Consumer Confidence and Manufacturing PMI slowdown highlight...
The Mexican Peso broadly continues strengthening against the US Dollar after worse-than-expected US Services data. US Services inflation appears to be slowing, potentially indicating the possibility...