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Tag: Mexican
Mexican Peso slips despite strong Retail Sales, Banxico dovish bets weigh
Mexican Peso weakens 0.24% even as DXY slips, reflecting Banxico rate cut expectations. Data shows resilient Retail Sales, but economic contraction fuels a dovish policy […]
Mexican Peso struggles as markets react to weak data, trade anxiety
Mexican Peso slips amid rising bets on Banxico rate cut and global uncertainty. Mexico’s economic data disappoints with private spending plunging and activity estimates pointing […]
Mexican Peso slips slightly as traders await Fed decision
Mexican Peso weakened 0.14% as risk-off sentiment and profit-taking weigh ahead of the Fed’s policy decision. US data is mixed, with strong industrial production but […]
Mexican Peso defies gloomy data, rockets higher on USD weakness
Mexican Peso advances as USD/MXN plunges below 19.90, down over 1%. The Peso shrugs off Mexico’s weak industrial output and declining consumer confidence fueling recession […]
Mexican Peso surges as traders bet on Fed rate cuts
Mexican Peso appreciates as USD/MXN dives toward 20.00 amid Fed easing expectations. Weak Mexican Industrial Production data was overshadowed by improved risk appetite, boosting MXN […]
Mexican Peso gains as Trump exempts tariffs on USMCA products
Trump delays reciprocal tariffs on Mexico until April 2 after talks with Sheinbaum. USD/MXN briefly falls as tariff relief boosts MXN before rebounding above 20.30. […]
Mexican Peso plunges as Trump confirms March tariffs, Peso faces weekly losses
USD/MXN rises 0.22% to 20.52 as tariff fears weigh on sentiment. Mexico’s trade deficit widens and unemployment ticks higher, adding to economic concerns. Banxico’s dovish […]
Mexican Peso slips amid Trump’s tariffs and Banxico policy divergence
Mexican Peso steadies as market sentiment remains bearish on trade risks. Trump confirms tariffs on Mexico are moving forward, pressuring the Peso. Banxico signals further […]
Mexican Peso slides on recession jitters following Q4 GDP slump
Mexico’s Q4 GDP contracts for the first time since 2021. Banxico slashes 2025 growth outlook to 0.6%, well below Finance Ministry projections. US data mixed: […]