Banxico board sees increased economic slack and downside inflation risks, reinforcing expectations for more rate cuts. Majority noted orderly MXN trading and improving liquidity conditions…
Citi’s April survey shows sharp downgrade in growth outlook: 2025 GDP seen at 0.3%, down from 0.6%. Majority of analysts forecast Banxico will cut rates…
Mexican Peso weakens for third straight day as dovish Banxico tone, sticky US inflation and trade tensions fuels USD/MXN rally. Banxico slashes rates by 50…
On Thursday, the Banco de México (Banxico) reduced its interest rate by 50 basis points, from 9.50% to 9%, and opened the door for additional…
The Mexican Peso falls as traders brace for a 50-basis-point rate cut amid signs of cooling inflation and weak economic activity. Banxico expected to slash…
Mexican Peso weakens 0.24% even as DXY slips, reflecting Banxico rate cut expectations. Data shows resilient Retail Sales, but economic contraction fuels a dovish policy…
A Reuters poll revealed that on March 27, Banco de Mexico (Banxico) is expected to cut interest rates by 50 bps amid the evolution of…
Mexican Peso slips as monetary policy divergence with Fed fuels further upside. USD/MXN climbs 0.14% to 20.43 as Banxico signals additional 50-bps rate cuts. Mexico’s…
Mexican Peso appreciates, shrugging off dovish Banxico stance, weaker economic outlook. Mexico’s December Retail Sales exceed estimates but slow from prior month. Banxico minutes reaffirm…