“The dollar’s gain was concentrated during the morning and is due to the expectation that Donald Trump will implement a protectionist trade stance and a strict immigration policy,” explained Banco Base. “The weakness of the Mexican peso is also due to internal factors. Today the Political Coordination Board of the Chamber of Deputies agreed that … Read more
Mexico City. Financial markets in the Americas continue to post losses at mid-session. With markets already closed in Asia and Europe, Wall Street and the foreign exchange markets continue to post significant losses, although they have reduced them compared to the start of the session on Monday. At mid-session, the Mexican peso fell from its … Read more
Mexico City. The Mexican peso extended its losses against the dollar on Wednesday. At the opening of the American markets, the Mexican currency depreciated 1.33 percent to trade at around 18.3875 units per dollar, levels not seen for a month. “Today, the peso is affected by the volatility observed at the close of the previous … Read more
Mexico Metropolis. The chance aversion sentiment amongst traders stays sturdy this Thursday, as a result of political uncertainty that prevails on this planet, which is why the greenback is strengthening worldwide. On the opening of the American markets, the Mexican peso stays weak towards the greenback, depreciating 0.72 p.c to commerce at round 17.8235 items … Read more
Mexico Metropolis. The Mexican peso appreciated on Friday after two classes of losses, though traders’ consideration remained centered on the rising possibilities that former US President Donald Trump returns to energy. The home foreign money was buying and selling at 17.8320 per greenback, with a achieve of 0.65 % in opposition to the reference value … Read more
Mexico Metropolis. Whereas ready for the inflation information in the USA and after the Federal Reserve (Fed) hints that there shall be rate of interest cuts this yr, the greenback is weakening worldwide and the Mexican peso desires so as to add seven periods of positive aspects in opposition to its American counterpart. On the … Read more
Mexico Metropolis. The Mexican peso, together with U.S. and Mexican equities, are attempting to stay steady, after the rise within the U.S. shopper worth index (CPI) fell by three-tenths to three % in June, the bottom 12-month inflation determine since April 2021. After the US Bureau of Labor Statistics launched the inflation knowledge for June, … Read more
Mexico Metropolis. The Mexican peso appreciated on Friday, heading for per week of beneficial properties, within the face of a world decline within the greenback as buyers digested figures exhibiting a average improve in producer costs in the US. The home foreign money MXN= was buying and selling at 17.7360 per greenback, with an advance … Read more
Mexico Metropolis. The Mexican financial system will proceed to develop reasonably in direction of the top of the yr, in keeping with the Composite Indicator System: coincident and main, calculated by Inegi. The Nationwide Institute of Statistics and Geography (INEGI) acknowledged that the main indicator, which suggests the conduct of the financial system within the … Read more
Mexico Metropolis. The Mexican peso on Friday shed three consecutive classes of losses and rose towards a barely weaker greenback, following the constructive inflation report from the US and the announcement from the Financial institution of Mexico with messages already anticipated by the market. The native forex had a troublesome week, like its regional friends, … Read more