USD/MXN

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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?

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%.

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November 10, 2022 09:02 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.

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October 6, 2022 06:20 PM

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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.

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October 6, 2022 06:20 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.

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September 8, 2022 06:24 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!

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July 22, 2022 05:14 PM
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!

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June 24, 2022 04:57 PM
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!

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June 24, 2022 04:57 PM
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.

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June 7, 2022 05:36 PM
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.

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April 7, 2022 09:01 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!

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March 25, 2022 03:36 PM
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!

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December 9, 2021 09:38 PM
Bank notes of different currencies

Banxico only hikes 25bps despite inflation readings

Inflation data showed that the October YoY CPI was 6.24%

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November 11, 2021 11:50 PM
Bank notes of different currencies

Inflation and Banxico: USD/MXN

Inflation data on Tuesday may determine whether the Bank of Mexico hikes rates by 25bps or 50bps on Thursday.

Bank notes of different currencies

Mexico’s inflation continues to rise despite interest rate increases USD/MXN

The YoY headline inflation number for mid-month October rose to 6.12% from 5.87% in September

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October 22, 2021 05:36 PM

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