Mexican
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Business
Mexican Peso surges for sixth-straight day amid US holiday
USD/MXN dips below 50-day SMA at 20.42, trading at 20.27. Weak US Retail Sales and softer PPI sub-components fuel Fed…
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Business
Mexican Peso dives as Banxico signals aggressive easing
Mexican Peso faces pressure after Banxico’s dovish shift suggests larger, and possibly quicker, interest rate cuts. Mixed inflation data from…
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Business
Iconic Mexican Products May Be in Jeopardy With Trump Tariffs
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Business
Mexican Peso extends losing streak amid risk aversion
Mexican Peso continues to weaken, recording losses for three consecutive days amid increasing risk aversion. Fed Governor Waller supports the…
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Business
Mexican Peso depreciates as markets digest Fed’s decision
Mexican Peso softens after Fed’s 50 bps rate cut. Fed projects federal funds rate at 4.4% for 2024, balancing price…
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Business
Mexican Peso falls as Congress discusses judiciary reform
Mexican Peso weakens as USD/MXN climbs on judiciary reform concerns after new Congress convenes. Mexico’s Business Confidence improves slightly in…
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Business
Mexican Peso rises against USD after US PCE inflation falls below estimates
The Mexican Peso is rising against the US Dollar after the release of US Core PCE inflaiton data falls below estimates. …
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Business
Mexican Peso holds steady on Tuesday
The Mexican Peso held steady on Tuesday following Monday’s 1.2% backslide. Banxico recently delivered a rate cut despite an uptick…
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Business
Mexican Peso declines on sour sentiment following a weaker ISM report
Mexican Peso depreciates over 1% after printing solid gains. Mexico’s economic data shows unchanged business confidence and contraction in manufacturing…
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Business
Mexican Peso surges past key level amid firm US Dollar
Mexican Peso rallies as USD/MXN drops below 18.00 and hits lowest level since June 25. June’s CPI report, Consumer Confidence,…
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