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
Mexican Peso Weakens After INEGI Reports Sharp Declines in June Retail Sales with Inflation Concerns Looming The Mexican Peso saw a depreciation of over 1.20% against the US Dollar in
In a recent development, the Mexican governing coalition MORENA has made progress on its long-awaited judicial reform initiative. Outgoing President Andrés Manuel López Obrador has been advocating for a reform
The USD/MXN pair is experiencing a downward trend, currently trading around 18.80 during the European trading hours. This decline is primarily driven by the growing expectations of a rate cut
Mexican Peso Retreats After Gaining 1.50% Last Week, Banxico Justifies Rate Cut Amid Split Decision The Mexican Peso is facing pressure after a strong performance last week, with Consumer Confidence