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
The Mexican Peso (MXN) is on the rise, gaining ground against major currencies as market fears of a US recession ease, sparking a three-day rally. This uptrend is supported by
Mexican Peso's demand rises after Banxico's unexpected decision to lower rates. Central bank signals further easing despite inflation and growth concerns. Core inflation expected to dip below 4% by Q4
Yesterday, the Mexican central bank (Banxico) made the anticipated decision to cut interest rates by 25 basis points to 10.75%, according to Commerzbank’s FX strategist Michael Pfister. The 3-2 vote
The USD/MXN pair continues its downward trend for the third consecutive session, trading around 18.90 in late Asian trading on Friday. This decline comes as a surprise, considering the Bank
The Mexican Peso saw a significant rise in early North American trading on Thursday following the release of higher-than-expected Consumer Price Index (CPI) data for July by the Instituto Nacional
There is great anticipation surrounding tonight's Banxico meeting, with speculation on whether the high policy rate will be cut to 10.75% from 11.00%. Since the easing cycle began in March,