Mexico’s Economy

Later today we have one of the more important events on the economic calendar for the Mexican peso: the Bank of Mexico's interest rate decision. Just ahead of that we have the trade balance data, which might have a more muted reaction as…
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Daily Forex Market Preview, 28/08/2018 The U.S. dollar continued to extend the declines from last week. Economic data was sparse and the weaker greenback sent the euro higher on the day. The gains came as signs of easing global trade…
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Despite all the attention commanded by the US dollar, its Canadian counterpart remains the strongest performing currency since the start of the month and the beginning of the quarter. Negotiations to save the North American Free Trade…
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Officials at the Banco de Mexico, the Mexican central bank hiked interest rates on Thursday by 25 basis points as widely expected by economists. This pushed the interest rates to 7% in Mexico. Policy makers said that the borrowing costs…
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Investors who were expecting to hear about the proposed fiscal spending plans were left disappointed after the U.S. President-elect failed to make any mention of the new administration's plans on the economic stimulus, trade, and tax. The…
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Just a week after the peso posted one of the biggest declines against the U.S. dollar, the Mexican central bank came out strongly by hiking interest rates, but it did little to help the peso as the currency continued to post declines. On…
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