MXN
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Mexican Peso Tests July-2024 Highs
The Mexican peso strengthened toward 17.91 per US dollar, testing its strongest level since July 2024, as broad US dollar…
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Mexican Peso Hovers Around 18 USD
The Mexican peso hovered near 18 per US dollar as a firmer greenback continued to offset domestic support, even as…
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USD/MXN extends slide after 50-DMA rejection – Société Générale
USD/MXN has continued to fall after failing to hold above the 50-day moving average, with the pair testing support near…
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USD/MXN holds losses near 18.50 following Banxico’s rate cut, US PCE Price Index eyed
USD/MXN could rebound as the Mexican Peso faces pressure amid expectations of additional rate cuts. Banxico opted for a 25-basis-point…
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Mexican Peso Strengthened to 10-Month High
The Mexican peso strengthened toward 18.81 per USD, reaching ten-month highs on the back of easing geopolitical strains, dovish signals…
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USD/MXN Finds resistance around 19.20 ahead of nine-day EMA
USD/MXN may find support around the eight-month low at 19.16. The RSI remains below the 50 level, strengthening the bearish…
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Mexican Peso set for weekly gains as weak US data offsets Banxico’s rate cut
Mexican Peso appreciates as USD/MXN dips to 19.47 after disappointing US sentiment data. Banxico cuts benchmark rate by 50 bps,…
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Mexican Peso weakens as US-China trade deal lifts US Dollar demand
The Mexican Peso weakens as the US Dollar strengthens on US-China trade deal optimism. The US-China trade deal to lower…
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Mexican Peso firms despite weak data as trades turn cautious on US-China talks
Mexican Peso shrugs off soft data, extends four-day rally as traders eye US-China meeting in Switzerland. Mexico’s Consumer Confidence dips…
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Mexican Peso strengthens as markets weigh Consumer Confidence, Fed signals
The Mexican Peso holds firm despite weak consumer confidence data as focus remains on the broader risk sentiment. Talks between…
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