Mexico Metropolis. Hopes for an upcoming rate of interest minimize by the Federal Reserve (Fed), no less than for September, which boosted monetary markets yesterday, stay, however this Thursday buyers are taking a break. On the opening of the American markets, the Mexican peso registered a correction this Thursday in opposition to the greenback, after … Read more
Mexico Metropolis. The Mexican peso appreciated this Friday for the third consecutive day, in a market with its eyes targeted on the participations of a number of officers of the Federal Reserve (Fed) through the day, searching for new clues about the way forward for rates of interest. curiosity. The forex MXN= was buying and … Read more
Mexico Metropolis. Pending the end result of the financial coverage of the Financial institution of Mexico (BdeM), the Mexican peso stays beneath strain, even supposing the greenback is dropping its worldwide enchantment. A few hours in the past, Inegi revealed that inflation in Mexico rose 0.20 p.c month-to-month in April, barely above the 0.18 anticipated … Read more
The Mexican peso ended the week with good points and managed to finish the session in constructive territory by which the greenback was strengthened and by which investor warning prevailed, awaiting the publication of key inflation information for April in the USA. subsequent week, the place new clues are sought about the way forward for … Read more
Mexico City. The Mexican peso appreciated this Friday amid a global decline in the dollar following the release of a weak US labor market report that boosted bets that the Federal Reserve (Fed) would cut interest rates earlier than expected and more strongly. The domestic currency MXN= was trading at 16.8910 per dollar, with an … Read more
Mexico City. The truce in the publication of relevant macroeconomic data favors greater stability in the currency market. At the opening of the American markets, the Mexican peso remains stable, trading above 16.8672 units per dollar; At the close of Monday, the exchange rate closed at 16.8813 pesos per spot dollar. Meanwhile, the dollar remains … Read more
Mexico City. On the last day of the month, the exchange rate and the Mexican Stock Exchange (BMV) began the session negatively, this in a context in which the growth estimate for the first quarter of 2024 was published in Mexico and in the United States labor cost data for the same period. According to … Read more
Mexico City. As we wait for the Federal Reserve’s (Fed) two-day monetary policy meeting to conclude this Wednesday, financial markets are operating mixed. While the operation of the Mexican financial markets is on break for the Labor Day holiday, exchange rate operations in international markets operate between 17.0700 pesos per dollar, a recovery with respect … Read more
Mexico City. After yesterday’s holiday in Mexico and the outcome of the meeting of the United States Federal Reserve (Fed), which left interest rates at 5.5 percent and delayed the cuts schedule, financial markets are trying to recover ground this Thursday. At the opening of American markets, the Mexican peso maintains optimism by maintaining its … Read more
Mexico City. The strength of the peso against the dollar caused the flow of resources that families obtain from the income from remittances sent to them by their relatives abroad to fall by 15 percent during March, BBVA announced. This morning, the Bank of Mexico (BdeM) reported that during March the remittances received by the … Read more