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,
The USD/MXN pair continues to trade above the key support level of 19.00 amidst volatile US Dollar movements. Investors are closely watching the Federal Reserve's expected interest rate cuts and
Mexican Peso Surges 2% Against Greenback Amid Economic Data and Banxico Policy Decision The Mexican Peso experienced a significant rally on Wednesday, ending a four-day decline against the US Dollar.
As a top investment manager in the financial market, I bring you the latest analysis on the USD/MXN currency pair. The Mexican Peso (MXN) may face challenges as the Banxico
The Mexican Peso is facing challenges as it trades near the day's lows against the US Dollar. With weak auto production and export data signaling an economic slowdown, market sentiment
The USD/MXN pair is currently trading around 19.30 during the early European session on Tuesday, following a decline from its highest level of 20.23 since September 2022. This drop in
Mexican Peso Recovers from Yearly Low, Trading at 19.57 - Analysis and Predictions The Mexican Peso has shown signs of recovery after hitting a yearly low of 20.22, now trading
The Mexican Peso has reached a new yearly low of 19.22 against the US Dollar, reflecting concerns over the slowing US economy. This decline comes as data from Mexico shows
The USD/MXN pair may see a depreciation in the near future, as the momentum indicator 14-day RSI suggests a possible correction. Currently trading around 18.90, the pair has been on
Mexican Peso depreciates over 0.10% after printing solid gains. Mexico's economic data shows unchanged business confidence and contraction in manufacturing activity. Fed hints at possible rate cut in September, driving