Mexican Peso weakens on fears of Trump-imposed tariffs on Mexican imports. Banxico expected to cut rates by 25 bps as inflation approaches 3% target. Upcoming […]
Tag: Mexican
Mexican Peso holds gains as Fed cut rates, Powell presser underway
Mexican Peso posts four consecutive days of gains; USD/MXN tumbles below 20.00. Mixed Mexican data as inflation rises, but core inflation dips, potentially allowing further […]
Mexican Peso recovers after plummeting to two-year low post US election
Mexican Peso recovers but remains volatile; USD/MXN surged to yearly high of 20.80 before retreating. Trump’s tariff threats keep Mexican markets on edge; judicial reform […]
Mexican Peso continues downtrend as multiple risks weigh
The Mexican Peso extends its weakness into a fourth day as multiple risks lead traders to press “sell”. Trump Tariff threats, a critical IMF report, […]
Mexican Peso falls, weekly depreciation exceeds 1.30%
Mexican Peso extended its losses for the second straight day as USD/MXN hit a 19.74 peak. Banxico cuts rates to 10.50%, weakening the Peso as […]
This new Mexican blessed is considered a protector of life from conception. Who was Moisés Lira?
MEXICO CITY (AP) — Mexico’s Catholic Church is getting a new addition to its ranks of “blessed,” with the beatification of the Rev. Moisés Lira. […]
Mexican Peso gains ground amid growing optimism for Fed’s 50 bps cut
Mexican Peso rises to a three-week peak as US Dollar drops. Fed rate cut expectations increase with CME FedWatch Tool showing a 43% chance of […]
Mexican Peso strengthens as Powell pivot weighed on US Dollar
Mexican Peso rallies sharply with USD/MXN falling over 2%. Mexico’s economy shows mixed signals, with Q2 GDP growth at 2.1% YoY but a contraction in […]
Mexican Peso slips as on Banxicos’s stance and consumer pessimism
Mexican Peso pulls back after gaining over 1.50% last week, pressured by weaker Consumer Confidence. Banxico Governor Rodriguez justifies recent 25 bps rate cut amid […]
Mexican Peso slumps further ahead of inflation data
Mexican Peso trades near lows of the day, USD/MXN above 19.50. Weak Mexican auto production and export data highlight economic slowdown, influencing market sentiment. Banxico […]