Mexican Peso closes lower, pressured by strong US Dollar
The Mexican Peso (MXN) is extending its losses versus the US Dollar (USD) on Thursday, as Mexico’s economic data paints a ...
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FxWirePro: USD/MXN rises to highest level since March 12th
The USD/MXN rose on Thursday as the dollar firmed after the U.S. Federal Reserve said it was in no rush to cut interest rates ...
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JPMorgan sees MXN weakness as chance to buy Mexican stocks
JPMorgan's foreign exchange strategists have maintained their stance that the implementation of a 25% blanket tariff could lead to an 8-12% correction in the MXN. They caution that the market may ...
Mexican Peso surges as traders price in Fed cuts after CPI decline
Core CPI, which excludes volatile food and energy prices, increased 0.2% MoM, slowing from January’s 0.4% and falling short ...
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JPMorgan sees MXN weakness as chance to buy Mexican equities
JPMorgan's foreign exchange strategists reiterated their position that the implementation of a 25% blanket tariff could lead to an 8-12% drop in the MXN. This scenario, they believe, is not fully ...