Mexican
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Business
Mexican Peso tanks to 2-week low as Trump’s auto tariffs roil markets,
Mexican Peso drops nearly 1% as traders brace for Banxico’s rate cut and digest US trade shock. Trump enacts 25%…
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Business
Mexican Peso struggles as markets react to weak data, trade anxiety
Mexican Peso slips amid rising bets on Banxico rate cut and global uncertainty. Mexico’s economic data disappoints with private spending…
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Business
Mexican Peso slips slightly as traders await Fed decision
Mexican Peso weakened 0.14% as risk-off sentiment and profit-taking weigh ahead of the Fed’s policy decision. US data is mixed,…
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Business
Mexican Peso rises, poised for weekly gains ahead of Fed meeting
Mexican Peso advances as USD/MXN plunges below 19.90, down over 1%. The Peso shrugs off Mexico’s weak industrial output and…
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Business
Mexican Peso struggles to hold gains, loses ground versus USD
USD/MXN retreats as US trade policies overshadow economic data. Mexico’s inflation beats forecasts, but Banxico still expected to cut rates…
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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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