The Mexican peso strengthened to less than 17.5 units per US dollar on Wednesday, its best level since May 2024.

Banxico to start easing its monetary stance and allow interest rates to decline by Q1 2024. We expect the bulk of FX volatility around Q2 2024 due to the upcoming presidential elections. Peso to trade ...

The US dollar rose a bit against the Mexican peso but has turned around to show signs of weakness as the overall decline in ...

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The Mexican peso posted its biggest monthly advance since 2021, boosted by a reprieve in President Donald Trump’s tariff plan and a pullback in the US dollar. The peso strengthened 4.4% against the ...

Discover how easing tensions in Greenland and rising yields of the Mexican 10-year bond affect on USD/MXN in our analysis.

Short-term rallies continue to be selling opportunities in the US dollar against many exotics, and has been for some time.