Mexican peso trims some losses from Banxico interest-rate cut Global Forex Updates May 16, 2025 The Mexican peso edges up slightly, recovering some of the previous day’s losses.Banxico cuts rates while the Fed remains cautious,…
Mexican Peso celebrates YTD highs ahead of Fed Powell’s remarks Global Forex Updates May 14, 2025 The Mexican Peso strengthens, supported by steady demand for risk assets.The Peso’s short-term trajectory will largely depend on Banxico’s next…
MXN falls below 19.60 after inflation data lifts Banxico caution Global Forex Updates May 8, 2025 The Mexican Peso holds steady as markets digest stronger-than-expected inflation data and global risk sentiment improves. Traders shift their focus…
Mexican Peso holds steady, poised for weekly losses Global Forex Updates May 3, 2025 USD/MXN flats near 19.58 as soft Mexican manufacturing and Banxico’s dovish tilt weigh against strong US jobs data.Mexico’s dismal data…