Mexico

Mexico hopes to receive a response, possibly even within a day, from the US government on its proposal to invite all Latin American countries to participate in the US Summit to be held in Los Angeles in June. Mexican…
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The Mexican peso continues to rise against the dollar as markets recover. DXY extends bearish correction and suffers worst daily loss in months. The drop below 20.00 further weakens the USD/MXN…
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Mexican peso rises for the fifth day in a row against the dollar. Better tone in financial markets drives decline in USD/MXN. The dollar accelerates the downward correction, the DXY has the worst…
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Firm Mexican peso after raising rates in Banxico. Improvement on Wall Street helps emerging currencies. USD/MXN cannot break above 20.45 and is pulling back towards 20.15. USD/MXN is retreating…
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The Bank of Mexico, abbreviated BdeM or Banxico, sets the benchmark interest rate at 7%, though Reuters reports the board was not unanimous on the rate decision with one board member voting to raise…
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The dollar remains firm in the face of falls in the equity markets. USD/MXN above 20.30, unable to break 20.45. Banxico is expected to announce a rise of 50 basis points in a few hours. The…
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Immigrant disappearances reported to Mexican authorities have skyrocketed - almost quadrupled - in 2021 compared to 2020, with the Mexican government struggling to curb the flow of illegal immigrants from Central…
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US inflation data triggered sharp runs in financial markets. The dollar initially soared but then gave back almost all of the gains. USD/MXN went from 20.23 to 20.47 and returned to 20.26. The…
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Mexican President Manuel Lopez Obrador has said he will not attend the US-hosted summit in June unless all continents are invited, and has warned that he will replace Secretary of State Marcelo Ebrard. During a…
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Emerging market currencies get respite from bourses. Mexico: Another rise of Banxico is coming. USD/MXN remains below 20.30. USD/MXN is falling on Tuesday, while stocks on Wall Street are up…
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