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Banxico delivered a 25 bps hike, in line with the forward guidance it offered in February. The MXN reacted with a 0.4% depreciation towards 18.12 imme
In the North American session, the USD/MXN is almost flat on Thursday after the Mexican Peso (MXN) failed to push through the 18.00 figure. However, t
Economists at ING think the Mexican Peso’s bullish momentum may have further to run. 25 bps hike by Banxico, and maybe a break below 18.00 “Today, Ban
Esther Reichelt, FX Analyst at Commerzbank, analyzes the outlook for the Mexican Peso following the nervousness in the US banking sector. Banxico has
The USD/MXN has witnessed a marginal decline to near 18.10 in the Asian session after a recovery move. The asset has defended the psychological suppor
The USD/MXN continues its free-fall during the week, down 1.45% since Monday, registering five days of consecutive losses. Sentiment improvement, and
Economists at TD Securities do not expect a meaningful MXN reaction to Banxico's decision on Thursday as they consider it has been mostly priced in. B
USD/MXN holds lower grounds near 18.22 as sellers flirt with the lowest levels in three weeks during early Wednesday. In doing so, the Mexican Peso pa
USD/MXN dropped and extended its losses to a three-week low in early trading during the New York session. US equities are mixed, while the greenback c
USD/MXN stays depressed after drawing back-to-back hammers in the daily chart and slides; looking forward to testing the daily low of 18.5160. The USD
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