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 […]
Tag: Mexican
Mexican Peso slips as on Banxicos’s stance and consumer pessimism
Mexican Peso pulls back after gaining over 1.50% last week, pressured by weaker Consumer Confidence. Banxico Governor Rodriguez justifies recent 25 bps rate cut amid […]
Mexican Peso slumps further ahead of inflation data
Mexican Peso trades near lows of the day, USD/MXN above 19.50. Weak Mexican auto production and export data highlight economic slowdown, influencing market sentiment. Banxico […]
Mexican Peso declines on sour sentiment following a weaker ISM report
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 […]
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 […]