Mexico peso to pare recent gains but be kept firm by tight policy: Reuters poll By Reuters
© Reuters. Three twenty pesos coins are seen, as Mexico’s Central Bank (Banco de Mexico) puts into circulation a twenty pesos coin which commemorates the 100th anniversary of the arrival of the Mennonites to the country, in this picture illustration taken August 9, By Gabriel Burin BUENOS AIRES (Reuters) – Mexico’s peso is set to […]
Argentina OKs new 2,000 peso bill as inflation bites, still only worth $5 By Reuters
© Reuters. FILE PHOTO: A man shows Argentine pesos outside a bank in Buenos Aires’ financial district, Argentina August 30, 2018. Picture taken August 30, 2018. REUTERS/Marcos Brindicci/File Photo By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina will roll out a new 2,000-peso bill, the central bank said on Thursday, which would double the face […]
USD/MXN rebounds after hitting weekly lows near 18.70; Mexican Peso outperforms EM peers
Mexican Peso among top performers on Friday. UUSD/MXN slide found support above 18.70 as DXY strengthens after the beginning of the American session. US data mostly in line with expectations on Friday. The USD/MXN dropped on Friday to 18.71, reaching the lowest level since January 18 and then rebounded, erasing daily losses after the greenback […]
Mexican peso hits its highest level in a month, looking at 19.00
US Dollar remains weak against Emerging Markets currencies. USD/MXN testing 2022 lows near 19.10, closer to 19.00. Bearish pressure to alleviate above 19.50 The USD/MXN is falling again on Tuesday as it continues to move with a bearish bias, approaching the 19.00 psychological area. Earlier today it bottomed at 19.08, the lowest level in a […]