Mexican Peso makes a late session recovery, supported by strong Q3 GDP figures and lower mid-month inflation. Concerns linger as Mexico’s legislative changes could impact […]
Tag: Mexican
Mexican Peso strengthens at start of week on weak US Dollar
Mexican Peso continues its upward trend for the fourth consecutive day amid favorable risk sentiment. Banxico’s recent rate cut to 10.25% reflects ongoing inflation concerns […]
Mexican Peso tumbles as Trump’s win underpin the US Dollar
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 […]
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 […]