As the US Dollar faces challenges, the USD/MXN pair retraces its recent gains, trading around 20.00 during Wednesday’s European hours. This downside is attributed to the subdued US Dollar amid
Despite lower US rates, Latam currencies such as Colombia, Brazil, and Mexico are facing pressure due to softening global demand. ING’s FX strategist Chris Turner highlights the impact of lower
The Mexican Peso faced a sharp decline of over 1% against the US Dollar on Tuesday as tensions rose over the Senate's upcoming vote on judicial reform. The USD/MXN pair
Breaking News: GBP/MXN Correction After Bullish Pennant Breakout - What's Next? In recent trading, GBP/MXN has experienced a correction after breaking out of a bullish Pennant pattern. This correction has
The Mexican Peso faced pressure on Friday as the USD/MXN pair surged above 20.00 following a volatile US Nonfarm Payrolls (NFP) report. The uncertainty surrounding Fed rate cuts, combined with
The Mexican Peso experienced a 0.20% increase against the US Dollar, reaching a four-week high of 20.14 as political unrest in Mexico continues. The recent approval of a judicial reform
Mexico's Judicial Reform Advances, USD/MXN Expected to Rise Mexico's judicial reform took a significant step forward as the lower house of parliament approved the legislation's basic text. While some details
The Mexican Peso faced losses against the US Dollar for the second consecutive day, but has shown some signs of recovery. The USD/MXN pair dropped from around 19.98 following the
As the world's best investment manager and financial market's journalist, I am thrilled to share with you an exciting opportunity in the GBP/MXN currency pair. A bullish Pennant pattern has
Banxico's Deputy Governor Calls for Lower Borrowing Costs to Prevent Market Distortions In a recent interview with Larissa Garcia of Market News International (MNI), Banxico's Deputy Governor Omar Mejia Castelazo