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3 hours ago · The Mexican Peso (MXN) is up by around a quarter of a percent on Thursday in its key pairs as a positive risk tone prevails and helps support the sentiment-sensitive Peso. MXN continues clawing ...
12 hours ago · The Mexican peso gained against the U.S. dollar, which fell 1.5% to 17.580 pesos. The ruling left-wing Morena party was re-elected and, in coalition, within reach of two-thirds majorities in both Congress chambers. Some analysts said expectations for greater government control over the economy weighed on the Mexican currency.
12 hours ago · A carry trade involves investors borrowing in currencies that have low interest rates, such as the Japanese yen or Swiss franc, and buying higher yielding ones such as the Mexican peso or ...
12 hours ago · The policy rate is also still expected to reach 10.0% by the end of this year, but the end 2025 forecast was raised to 8.0%, from 7.88%. Analysts also see USDMXN at 18.00 at the end of this year (vs. 17.9 in the previous survey) and 18.87 at end 2025 (vs. 18.66 previously). Today, vehicle production and exports data for May will be released at ...
12 hours ago · The Mexican Peso (MXN) is up by around a quarter of a percent on Thursday in its key pairs as a positive risk tone prevails and helps support the sentiment-sensitive Peso. Mexican Peso claws back losses from election fallout
12 hours ago · The Pound Euro (GBP/EUR) exchange rate traded in a muted capacity on Wednesday, due to a lack of impactful data. At the time of writing, GBP/EUR traded at around €1.1755, showing little movement ...
12 hours ago · Investors see the BoE delivering two interest-rate cuts this year. The USD Index holds the 104.00 support even though traders raise Fed rate-cut bets. The Pound Sterling (GBP) trades close to a two-month high slightly below the round-level figure of 1.2800 against the US Dollar (USD) in Thursday’s London session.
