Mexican Peso depreciates over 1% after printing solid gains. Mexico’s economic data shows unchanged business confidence and contraction in manufacturing activity. Fed hints at possible […]
Tag: Mexican
Mexican Peso plunges to two-week low as USD/MXN hovers around 18.50
Mexican Peso trims losses but still set for over 2% weekly decline. US PCE Price Index signals steady inflation, boosting Fed rate cut expectations. Judiciary […]
Caldo de Res (Mexican Beef Soup)
Caldo de res, which translates to beef broth, is the incomparable Mexican version of beef stew, rooted in the country’s history and cuisine. It’s a […]
Mexican Peso surges past key level amid firm US Dollar
Mexican Peso rallies as USD/MXN drops below 18.00 and hits lowest level since June 25. June’s CPI report, Consumer Confidence, and Industrial Production to shape […]
Mexican Peso rockets to 3-day high, ends week with 1% gain
Mexican Peso hit an eight-day high of 17.99 before losing traction. Light economic week in Mexico; upcoming data includes May CPI, Consumer Confidence, and Banxico […]
Mexican Peso rallies Friday, ends June with over 7% losses
Mexican Peso rebounds to 18.24 vs. US Dollar following Banxico’s decision to maintain 11.00% rate. Decision aligned with recent inflation data, targeting 3% inflation by […]
Mexican Peso soars on solid data and reaches a 5-day peak
Mexican Peso rises as Private Spending and Aggregate Demand show solid economic performance. Political concerns ease with support for AMLO’s judiciary reform, discussions to start […]
Mexican Peso sinks as post-election losses pile up, down 0.30% in the week
Mexican Peso down as judiciary reform fears continue to weigh on investor sentiment. Presumptive President Claudia Sheinbaum reassures investors but echoes President AMLO’s proposal for […]
Mexican Peso post gains against US Dollar ahead of AMLO-Sheinbaum’s reunion
Mexican Peso erased its earlier losses yet remains fragile after hitting 14-month low of 18.65 earlier. Political turmoil in Europe and Mexico’s domestic reforms contribute […]
Mexican Peso recovers part of election losses
The Mexican Peso extends its recovery into a second day supported by broad risk appetite. The rebound started following market-soothing comments from the Mexican Finmin […]