Mexican
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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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Business
Mexican Peso edges lower as risk-off sentiment weighs
The Mexican Peso trades lower in its major pairs at the start of the new trading week. Global growth fears…
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Business
Mexican Peso’s days in the sun are over, according to analysts
The Mexican Peso is at risk of reversing its long-term uptrend. Several analysts say MXN has peaked and is on…
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Business
Mexican Peso extends rally for three weeks amid soft US Dollar
Mexican Peso climbs sharply as USD/MXN surpasses 2023 low of 16.62. Banxico’s Deputy Governor Irene Espinosa’s comments on rate cuts…
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