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The top 10 most volatile currency pairs in 2023

These are the most volatile FX pairs in 2023. Learn how to trade them and use volatility to your advantage.

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Mexican Peso Technical Analysis: Is the Tide Turning in USD/MXN?

While USD strength has been the rage in many FX markets, the same can’t be said in USD/MXN where Banxico rates have kept the carry driving the short side of the pair for much of the past two years. But now there’s the threat of reversal.

Gold trading

Gold forecast: Metal declines but outlook positive

Our longer-term gold forecast remains positive, owing to the fact global monetary policy can only start to loosen from here

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May 23, 2023 09:31 AM

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Gold trading

Gold forecast: Metal declines but outlook positive

Our longer-term gold forecast remains positive, owing to the fact global monetary policy can only start to loosen from here

default avatar
May 23, 2023 09:31 AM
Bank notes of different currencies

Mexico inflation pulls back after surprise rate hike earlier in February; USD/MXN

Mexico’s mid-month CPI showed that inflation seems to be leveling off. However, the rate is still excessively high.

February 23, 2023 11:55 AM
Bank notes of different currencies

Mexican CPI should confirm 25bps for Banxico

With inflation on the rise once again in Mexico, will Banxico deliver a hawkish 25bps hike?

February 9, 2023 12:05 PM
Bank notes of different currencies

Mexico’s mid-month CPI rises for the first time since September 2022

Mid-month inflation data for January showed that CPI has increased in Mexico. Will Banxico continue to match the Fed’s rate hikes?

January 24, 2023 11:43 AM
Bank notes of different currencies

USD/MXN continues to grind lower after Mexico CPI

After reaching a peak of 8.70% in both August and September, Mexico’s CPI deceleration stalled in December at a reading of 7.82% YoY vs a November print of 7.8% YoY.

January 10, 2023 02:52 PM
Bank notes of different currencies

Mexico mid-month Core Inflation shows rate hikes may be starting to work

Mexico’s Core CPI print was lower than the previous month for the first time since early 2021.

December 22, 2022 01:32 PM
Bank notes of different currencies

Mexico CPI lower, however Core CPI still on the rise

Will the stronger Core CPI cause the Bank of Mexico to hike rates by another 75bps when it meets next Thursday?

December 8, 2022 12:10 PM
Bank notes of different currencies

Bank of Mexico hikes rates by 75bps, as expected. USD/MXN at lowest level since March 2020.

The Bank of Mexico stuck to the script and hiked rates by the same amount as the US Federal Reserve, 75bps, to bring its overnight rate to 10%.

November 10, 2022 03:02 PM
Bank notes of different currencies

Mexico CPI due out tomorrow, but does it matter?

Banxico has been hiking rates at the same pace as the Fed since the beginning of summer, most recently with a 75bps rate hike last week.

October 6, 2022 12:20 PM
Bank notes of different currencies

Mexico CPI due out tomorrow, but does it matter?

Banxico has been hiking rates at the same pace as the Fed since the beginning of summer, most recently with a 75bps rate hike last week.

October 6, 2022 12:20 PM
Bank notes of different currencies

Mexico inflation higher, again! USD/MXN

Mexico’s CPI continues to climb. As such, so does the value of the Peso.

September 8, 2022 12:24 PM
Bank notes of different currencies

Mexico CPI continues to rise; rate hikes not helping yet

The headline mid-month inflation rate for July is 8.16% YoY , led primarily by rising food costs. This is the highest level of inflation in 21 years!

July 22, 2022 11:14 AM
Board of currencies

EM FX: Turmoil in emerging currencies pose big risk to markets

It is worth watching EM currencies closely here as there is a risk we could see further, sharp, selling, which, in turn, could provide a fresh source of threat to the global financial markets.

Bank notes of different currencies

Bank of Mexico hikes 75bps after higher inflation reading

Will USD/MXN continue lower? It may depend on whether the central bank decides to hike another 75bps at its August meeting!

June 24, 2022 10:57 AM

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Bank notes of different currencies

Bank of Mexico hikes 75bps after higher inflation reading

Will USD/MXN continue lower? It may depend on whether the central bank decides to hike another 75bps at its August meeting!

June 24, 2022 10:57 AM
Bank notes of different currencies

USD/MXN looking to push to pre-pandemic lows

Both a hawkish Bank of Mexico and the rise in Crude Oil prices have been pushing USD/MXN lower.

June 7, 2022 11:36 AM
Bank notes of different currencies

Mexico CPI still coming in hot; USD/MXN near key support

USD/MXN is caught between a long-term support zone and the downward sloping trendline of a long-term descending triangle.

April 7, 2022 03:01 PM
Bank notes of different currencies

Banxico hikes rates 50bps; USD/MXN testing key support

The Central Bank of Mexico increased interest rates by 50bps and revised its inflation forecasts higher. However, it seems that USD/MXN traders were already expecting it!

March 25, 2022 10:36 AM
Bank notes of different currencies

Mexico inflation highest in nearly 20 years!

Banxico, has been hiking interest rates at 25bps clips. However, inflation is rising even faster!

December 9, 2021 03:38 PM
Bank notes of different currencies

Banxico only hikes 25bps despite inflation readings

Inflation data showed that the October YoY CPI was 6.24%

November 11, 2021 05:50 PM