Mexican
-
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…
Read More » -
Business
Mexican Peso slumps as Q1 GDP disappoints, US Dollar strengthens
Mexican Peso falls over 0.41% after Mexico’s Q1 GDP growth underperforms expectations. Stronger-than-expected US Employment Cost Index bolsters US Dollar,…
Read More » -
Business
Mexican Peso recovers after strong Retail Sales data
The Mexican Peso recovers after data shows a rise in Retail Sales in February. The Peso had weakened in a…
Read More » -
Business
Mexican Peso weakens on strong US Retail Sales, high US yields
Mexican Peso falls against strengthening US Dollar, driven by unexpectedly robust US Retail Sales for March. Mexico’s absence of significant…
Read More » -
Business
Mexican Peso advances against US Dollar despite Banxico’s official dovish tilt
Mexican Peso benefits from US Dollar weaknesses, shrugging off Banxico rate cut. Banxico Governor emphasized cautious approach to rate adjustments,…
Read More » -
Business
Mexican Peso surges as buyers target a new nine-year low below 16.60
Mexican Peso strengthens to a YTD high amid light US economic data. Banxico Deputy Governor hints at possible rate cuts…
Read More » -
Business
Mexican Peso advances sharply as US Dollar tumbles to seven-week low
Mexican Peso appreciates for the seventh consecutive day, buoyed by soft US Dollar following mixed US jobs report. Banxico’s upcoming…
Read More » -
Business
Mexican Peso stabilizes amid US holiday as Mexican economy contracts
Mexican Peso remains steady as low trading volume marks US Presidents’ Day. Mexico’s IOAE indicates a -0.7% MoM contraction with…
Read More » -
Business
Mexican Peso plummets as US inflation surprises, challenging Fed rate cut expectations
Mexican Peso tumbles as US CPI data exceeds forecasts, boosting the US Dollar. Unexpectedly high US inflation in January shifts…
Read More » -
Business
Mexican Peso rises after mixed US data, Fed’s decision
Mexican Peso appreciates against the Dollar, driven by the recent Fed decision and softer US employment figures. Banxico’s survey indicates…
Read More »