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
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