The Mexican Peso (MXN) is currently trading slightly lower in its major pairs, reflecting an overall downtrend in the currency. Despite this, market sentiment remains calm as investors monitor key
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
The Mexican Peso is off to a rocky start in September, dropping over 0.50% as fears of judiciary reform approval loom with the new Mexican Congress in session. The USD/MXN
The Mexican Peso showed strength against the US Dollar as core PCE inflation fell below expectations, leading to speculation of potential rate cuts by the Federal Reserve. At the current
The Mexican Peso (MXN) is on the rise as risk assets bounce back, fueled by a more positive market mood. Strong US economic data has also contributed to the Peso's
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 (MXN) is showing slight gains in trading today as market sentiment improves globally. Despite initial concerns over disappointing Nvidia earnings affecting equity markets in Asia, there is
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