USD/MXN: Mexican Peso Continues to Lose Against the US Dollar as Tensions in the Middle East Cut Risk Appetite
The US dollar continued to gain ground today thanks to some positive economic data and rising geopolitical tensions in the Middle East. Full Article
USD/MXN: The Mexican Peso Continues to Lose Ground After Bullish US Inflation Data
The US dollar strengthened against most currencies today thanks to higher-than-expected inflation data. Full Article
USD/MXN: Dollar Weakens Against the Peso as the Broader Market Gets Bearish on US Rates
The US dollar weakened against most currencies today and the peso took advantage gaining 0.75% so far today. Full Article
USD/MXN: Banxico Releases Policy Metting Minutes, Many Members Bullish on the Mexican Economy
The Mexican peso got a small boost from the monetary policy minutes published today. The minutes show that most members were on the same pag Full Article
USD/MXN: Mexican Peso Gets Some Relief as US Dollar Bullish Sentiment Weakens
Mexican data for business confidence (EMOE) was positive, giving the peso some extra tailwind. While the dollar has retreated against most Full Article
USD/MXN: Mexican Peso Among the Few Currencies to Rally Against US Dollar
The peso gained more than 6 cents, from its tentative high, against the US dollar. Doing so on a day when most currencies fell. Full Article
USD/MXN Continues to Weaken After FOMC Press Conference
The policy for rates was unchanged as expected, but the statement and Powell’s words give assurances of interest rate cuts of 75bp by year Full Article
Mexican Peso Ready for a Rebound on Technical Take Profit
The Peso has had an excellent run against the US dollar over the past 3 weeks. However, there may be room for some short-term retracement. Full Article
Mexico’s BMV Index Jumps 2.4% in 2 Days – Bucks US Trend
The BMV index has had 2 positive days despite major US stock indices posting losses over the same period. Full Article