Tag: USDMXN
Banxico Seen Hiking Rates Again. How will USD/MXN React?
BANXICO KEY POINTS:Banxico is expected to raise borrowing costs by 25 bp to 4.75% on Thursday, in what would be the third consecutive rate increas [...]
Choppy Price Action Likely Near-Term in USD/MXN
MEXICAN PESO OUTLOOK:Mexico’s August inflation was mixed, but largely in line with Banxico’s recent projectionsLack of a major upside surprise on [...]
USD/MXN Slides on Decrease US Treasury Yields, Market Focus Turns to NFP Knowledge
MEXICAN PESO OUTLOOK:The Mexican peso appreciates at the beginning of the week as US treasury yields proceed to lose floor within the fastened ear [...]
Powell Paves the Method for USD/MXN Weak spot within the Close to Time period
USD/MXN WEEKLY FORECAST: BEARISH ON DOVISH FEDPowell’s dovish speech at Jackson Gap Symposium weighed on the US greenback and enhanceed risk-asset [...]
How Will USD/MXN React to the Jackson Gap Summit?
MEXICAN PESO OUTLOOK:The Federal Reserve will maintain the second a part of its Jackson Gap summit on FridayChairman Jerome Powell is slated to ma [...]
Muddling Via Weak Information – Setups in MXN/JPY, USD/MXN
Mexican Peso Outlook:The Mexican Peso’s rebound over the previous few days was as soon as once more lower brief by weaker financial knowledge: eac [...]
USD/MXN at Danger as Merchants Eye One other Banxico Charge Hike
MEXICAN PESO KEY POINTS:U.S. core inflation has softened, triggering a draw back transfer in USD/MXNMarket’s consideration will now flip to Banxic [...]
U.S. Inflation Information Might Elevate Yields & the USD/MXN
MEXICAN PESO KEY POINTS:USD/MXN continues to edge greater, though at a really sluggish tempoThe rebound in U.S. treasury yields have created a ext [...]
USD/MXN Crawls Larger Forward of U.S. CPI Information & Banxico’s Price Choice
MEXICAN PESO OUTLOOK:USD/MXN has began to achieve some floor in the previous couple of days after stopping and reversing greater at a key assist s [...]
USD/MXN on the Lookout for Banxico Assembly and Fed Commentary Put up NFP
USD/MXN Forecast: BearishUSD/MXN has stored comparatively steady from the place I left it final week, with a couple of makes an attempt of breakin [...]
Rising Delta-Variant Fears Might Propel USD/MXN Greater
USD/MXN KEY POINTS:The Mexican peso has largely traded with a constructive bias towards the U.S. greenback since July 21, however mounting COVID-1 [...]
USD/MXN Again Inside Key Vary as USD Flops
USD/MXN Forecast: ImpartialUSD/MXN continues to construct on its latest bearish momentum coming again into a robust help space between 19.87 and 1 [...]
Mexico Second Quarter GDP Misses Expectations, USD/MXN Shrugs Off Information
MEXICO GDP KEY POINTS:Mexico’s second quarter GDP grows 1.5% q/q and 19.7% y/y, barely under market expectationsFinancial enlargement was pushed b [...]
USD/MXN Falls On Dovish Fed and U.S. GDP Knowledge Miss
MEXICAN PESO OUTLOOK:The Federal Reserve left its financial coverage unchanged and indicated that the establishment remains to be a methods away f [...]
USD/MXN Strikes Cautiously as Markets Await Fed Cues
MEXICAN PESO FORECAST:USD/MXN trades cautiously however the Federal Reserve choice on Wednesday might spark volatilityThough no coverage change is [...]