MXN
Market Analysis, MXN, Technical Analysis
Mexican Peso Hits Near One-Year High as Strong Growth and US Trade Deal Hopes Support Currency
The Mexican peso has strengthened to around 18.64 per US dollar, reaching its strongest level in nearly a year as improving economic activity, optimism over a potential US-Mexico trade agreement and interest-rate differentials support demand for the currency. Mexico’s Global Indicator of Economic Activity rose 3.5% year-on-year through August, marking its strongest performance since September […]
by Currency Hedger
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- 9 hours ago
Market Analysis, MXN, Technical Analysis
Mexican Peso Nears an 11-Month Low as US Rate Expectations Strengthen the Dollar
The Mexican peso is under renewed pressure heading into Monday, trading around 18.47 per US dollar and approaching an 11-month low. The narrowing interest-rate differential between Mexico and the United States is reducing the peso’s yield advantage, while expectations of further Federal Reserve tightening are supporting demand for the dollar. However, Mexico’s export outlook offers […]
by Currency Hedger
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- 1 week ago
Market Analysis, MXN, Technical Analysis
Mexican Peso Weakens Toward One-Year Low as Banxico Signals Further Rate Cuts
The Mexican peso weakened toward 18.44 per US dollar in October 2026, approaching a one-year low after the release of the Bank of Mexico’s latest meeting minutes raised the prospect of further monetary easing. The currency has become one of the weaker performers among emerging markets as investors reassess the interest-rate outlook and the relative […]
by Currency Hedger
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- 1 week ago
Market Analysis, MXN, Technical Analysis, USD
Mexican Peso Forecast: MXN Weakens as Banxico Rate-Cut Risks Pressure the Currency
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Mexican Peso Outlook: Monetary Easing and the US Rate Differential in Focus The Mexican peso faces renewed downside pressure as expectations of further interest-rate cuts by the Bank of Mexico (Banxico) weigh on its yield advantage over the US dollar. Trading near 18.44 per US […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, MXN, Technical Analysis, USD
Mexican Peso Recovers as Weak US Jobs Data Ease Fed Hike Expectations
The Mexican Peso is recovering modestly against the US Dollar, but the broader trend remains under pressure as a narrowing US-Mexico interest-rate differential continues to weaken the appeal of the Mexican carry trade. USD/MXN has eased from a recent high near 18.35 to around 18.21, while the Peso remains on course for a weekly decline […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, MXN, Technical Analysis
Mexican Peso Under Pressure as Rate Differential Narrows
The Mexican peso is trading around 17.7 per US dollar, reaching a five-month low as the currency responds to a changing interest-rate environment between Mexico and the United States. The Bank of Mexico kept its benchmark interest rate at 6.50% at its September meeting, while the Federal Reserve moved in the opposite direction by raising […]
by Currency Hedger
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- 4 weeks ago
Market Analysis, MXN, Technical Analysis, USD
USD/MXN, Mexican Peso forecast, Mexican Peso today, Fed rate hike, US dollar, Banxico interest rate
The Mexican peso weakened to around 17.2 per US dollar after reaching a more than two-year high of 16.98 on September 11, as the US Federal Reserve raised interest rates and signaled that another rate increase could still be possible this year. The Fed increased its federal funds target rate by 25 bps to 3.75%-4.00%, […]
by Currency Hedger
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- 1 month ago
MXN, Technical Analysis, USD
Mexican Peso Holds Near Two-Year High as Strong Mexican Data Supports MXN
Today Markets Analysis: The Mexican peso remains firmly supported near a more than two-year high against the US dollar, with improving domestic economic data providing fresh fundamental support for the currency. USD/MXN was trading near 16.98, close to the 16.91 level reached on September 4, its strongest point in more than two years. Mexican Economic […]
by Currency Hedger
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- 1 month ago
MXN, USD
Mexican Peso Hits Highest Level Since 2024
The Mexican peso strengthened to around 16.89 per US dollar in September, reaching its highest level since May 2024. US nonfarm payrolls increased by 162,000 last month, well above market expectations for a 56,000 gain. The figures point to continued strength in the US labor market, which is positive for Mexican exports and the economy […]
by Currency Hedger
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- 2 months ago
Currency Talk, MXN, USD
Mexican Peso Weakens as Fed Hike Bets Rise
The Mexican peso weakened to around 17.04 per US dollar from the more than two-year low of 16.91 touched on August 21, as a more restrictive policy signal from Fed Chair Warsh supported the US dollar. Warsh said the Fed is tracking the PCE index as its inflation gauge, using firmer rhetoric than earlier suggestions […]
by Currency Hedger
- 0 Comments
- 2 months ago