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,
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