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: Mexican Peso Strengthens against the Dollar Despite Bullish US Jobs Data
The peso continued to strengthen today even after a surprise jump in US jobs creation. It was also one of the few currencies to do so as the 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
USD/MXN Takes a Breather as US Inflation Turns This Pair Bullish
The US dollar stopped sliding against the Mexican peso today after an 8-day fall lower. US inflation reported higher than expected. Full Article
Is Mexico Considering Tax Reforms Soon?
The Mexican finance ministry has offered hope for the economy to grow at over 5% this year in the wake of the coronavirus crisis, supported Full Article
Mexico’s Economy to Take Years to Return to Pre-Pandemic Levels: IMF
The IMF has cautioned that Mexico's economy will take several years to return to pre-pandemic levels of growth, and could experience a Full Article
Bank of Mexico Stuns Markets With a Surprise Rate Cut
Mexico's central bank cut its overnight interbank rate by 0.25% to 8.00% on Thursday, for the first time in over five years Full Article
Threat of Tariffs Continues to Loom Over Mexico
The threat of tariffs continue to hang over Mexico until the US is satisfied that it has done enough to curb the influx of illegal immigrant Full Article
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