Tag: Mexican Peso
Mexican Peso Drops to Two-Week Low as USD/MXN Stays Near 18.50
The Mexican Peso has experienced some ups and downs against the US Dollar recently, with a weekly decline of over 2%. The Federal Reserve's inflation measure, the PCE Price Index, showed steady inflation, leading...
Mexican Peso Strengthens on Positive Inflation Data
The Mexican Peso saw a significant increase in value as the USD/MXN pair dropped below 18.00. This surge was driven by the positive inflation data released in June, with the country's Consumer Price Index...
Mexican Peso Surges to 3-Day High, Ends Week with 1% Gain
The Mexican Peso experienced a surge to an eight-day high of 17.99 against the US Dollar before losing momentum and fluctuating within the 17.99 – 18.19 range. The currency closed the week with a...
Mexican Peso Faces Pressure Ahead of Retail Sales Data Release
The Mexican Peso experienced a slight decline against the US Dollar after making gains over the past five trading days. Currently, the USD/MXN pair is trading at 18.41, showing a 0.08% increase. This movement...
Mexican Peso Strengthens Following Positive Economic Data
The Mexican Peso has been trading in a tight range on Tuesday as it bounces back from the sell-off that occurred after the elections. President-elect Claudia Sheinbaum is working to reassure the markets with...
Mexican Peso Weakens Amid Support for Judicial Reform: What Investors Need to Know
The Mexican Peso faced a slight decline against the US Dollar on Monday, dropping by 0.29% as investors turned risk-averse due to weak economic data from China and political uncertainties in Europe. This volatility...