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Mexican Peso loses ground and remains offered ahead of the weekend
The Forex Market· 2 weeks agoThe Mexican Peso (MXN) begins Friday’s session printing minuscule gains against the US Dollar (USD)...
Mexican Peso under pressure ahead of expected Banxico rate cut
The Forex Market· 1 week agoMexican Peso weakens as investors eye Banxico policy decision on Thursday. Mexico’s retail sales...
Mexican Peso retreats as USD/MXN rises on Fed’s hawkish signals, strong US data
The Forex Market· 16 hours agoStrong US GDP growth in Q4 2023 and a robust labor market boosted the US Dollar, a headwind for the...
Mexico’s Annual Inflation Rate Ticks Up, Backing Cautious Banxico Stance on Rates
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- Mexico’s annual inflation sped up past forecasts earlier this month, corroborating...
Mexico Central Bank Expected to Cut Key Rate, 16 of 17 Analysts Predict
US News & World Report· 1 week agoAccording to the survey, 16 of the 17 analysts polled predicted the Bank of Mexico will cut the rate by 25 basis points to 11%, following in the footsteps of other regional central banks which ...
Mexican Peso surges to eight year high against US Dollar amid lack of catalyst
The Forex Market· 2 days agoMexico’s narrowed trade deficit and the tighter labor market in Mexico contributed to Peso's ascent,...
Mexican Peso recovers early losses against buoyant US Dollar
The Forex Market· 3 days agoThe Mexican Peso is losing momentum and falling against the US Dollar on Tuesday as the North...
Nu Lowers Yield on Savings Accounts in Mexico
PYMNTS.com· 3 days agoDigital bank Nu Holdings will lower the yield on its high-yield savings accounts in Mexico after the country’s central bank cut its key rate for the...
Mexico Cuts Key Interest Rate For First Time Since 2021
Bloomberg via Yahoo Finance· 1 week ago(Bloomberg) -- Mexico’s central bank cut interest rates for the first time since 2021 in a split...