Mexican Peso Takes a Dip After Strong US Manufacturing Data and Rising Unemployment The Mexican peso experienced a downturn on [Date – needs to be added, presumably the date the original article was published],losing earlier gains after the release of robust US manufacturing data and a rise in Mexican unemployment. The market reacted to the … Read more
Peso Gains Ground Against teh Dollar: A Global Market Shift The Mexican peso staged a notable recovery against the US dollar, appreciating 0.28 percent after a four-session decline of 3.28 percent. This upward swing is attributed to a confluence of global economic factors, according to a report from Base bank. Factors Fueling the Peso’s Rise … Read more
Mexican Peso and stock Market Slide in Year-End Trading The Mexican peso and stock market concluded the penultimate trading session of 2024 with losses, mirroring a global trend of dollar strengthening. Thin trading volumes,typical for the holiday period,amplified the downward movement. With a lack of notable economic data releases, investor focus shifted to the anticipated … Read more