Mexican Peso surges on Banxico cut, eyes on NFP
The Mexican Peso (MXN) held to gains against the US Dollar (USD) during the North American session. Banco de Mexico (Banxico) lowered borrowing costs in the first monetary policy decision of 2025. At ...
Banxico cuts rates by 50 bps to 9.50% as expected
Banxico’s monetary policy statement revealed that the central bank could continue calibrating monetary policy and consider an additional 50 bps cut in subsequent meetings. According to the board, the ...
Mexican Peso and Canadian Dollar Climb After Trump Delays Tariffs
The value of the Mexican peso and Canadian dollar jumped Monday after officials from both countries said President Trump ...
Dow pares drop, U.S. dollar whipsaws as Mexico says tariffs will be delayed
U.S. stocks pared their early losses and the U.S. dollar whipsawed in mid-morning trading on Monday after Mexican President Claudia Sheinbaum said she and President Donald Trump had reached an ...