Banxico anticipates further rate cuts in the remaining meetings of the year, with analysts predicting a downward trend in interest rates. This move is expected to have an impact on
The Mexican Peso faced a sharp decline against the US Dollar as Banxico revised down Mexico's growth expectations for 2024 and 2025. Political turmoil surrounding judiciary reform and autonomous bodies
As the planned judicial reform in Mexico progresses, the Peso faces heightened volatility in the financial markets. The reform recently passed its first parliamentary hurdle, sparking concerns from US and
The Mexican Peso showed signs of recovery against the US Dollar amidst political uncertainties in Mexico, including the judiciary reform and President AMLO's decision to pause relations with the US
The Peso Hits Yearly Low Against Dollar Amid Morena's Judicial Reforms Debate In a recent analysis by ING’s FX strategist Chris Turner, the Peso closed at its lowest levels of
The Mexican Peso experienced a sharp decline due to fears among foreign investors regarding potential judicial reforms by the upcoming Mexican Congress. Despite the approval of the ruling on the
The Mexican Peso (MXN) is facing downward pressure as political risk increases due to proposed changes to the constitution, specifically in the judiciary. Critics argue that these reforms could compromise
The Mexican Peso is facing a turbulent start to the week as concerns over potential judiciary reforms and political instability weigh on investor sentiment. The approval of the Morena ruling
Mexican Peso Surges as USD/MXN Plummets Over 2% Amid Powell's Dovish Tone The Mexican Peso saw a strong rally against the US Dollar on Friday as Federal Reserve Chair Jerome
The Mexican Peso is facing a tough time against the US Dollar as inflation remains above Banxico's target range despite recent declines. The USD/MXN pair is trading at 19.42, up