Pesos Messicano

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The dollar is strong but the peso is stronger - Quartz

Since the election, the dollar has weakened by 3.5% against the peso, and a Reuters poll of analysts suggests this trend will continue, even if Mexico's currency recently succumbed somewhat to the hammering that emerging-market currencies have taken as ...altro » Leggi

White House economic advisor Kudlow says trade deal with Mexico ... - CNBC

Kudlow says U.S. Trade Representative Robert Lighthizer is "more optimistic than I've seen him in many moons." President Trump has repeatedly threatened to pull out of NAFTA if his administration cannot adjust the pact to better serve U.S. interests.altro » Leggi

It's Goldman Versus Morgan Stanley When It Comes to Mexico's Peso - Bloomberg

The Mexican peso has rallied 13 percent since reaching a 15-month low on June 14, two weeks before the vote. Lopez Obrador, popularly known as AMLO, swept to victory and proceeded to project an unexpectedly pro-markets tone. Spreads on Mexican ...altro » Leggi

Mexico Peso Analyst Who Forecast Post-Vote Rally Sees Gains - Bloomberg

The peso underperformed its peers in the second quarter in the runup to the election as analysts worried that the heavily favored Lopez Obrador could deal a setback to Mexico's economy. Most analysts expected a further dip once his victory was ... Leggi

Rally's Not Over for Mexican Peso, Says $523 Billion Japan Fund - Bloomberg

Mitsubishi UFJ Kokusai Asset Management Co. also favors the peso. The Mexican currency has advanced 5.1 percent this year versus the dollar, the best performance among major emerging currencies tracked by Bloomberg. Only Colombia's peso has also ... Leggi

Weak Mexican peso sends Pemex to a loss in Q2 - Financial Times

Hammered by an 8 per cent slide in the peso in the second quarter, Pemex, Mexico's national oil company, sank to a second-quarter loss of 163bn pesos ($8.8bn), reversing a profit in the first three months of this year. Total sales increased 36 per cent ...altro » Leggi

Trump talks of 'good sessions' with Mexico, sparking jump in peso ... - CNBC

The Mexican peso and Canadian dollar both moved slightly higher after President Donald Trump said the U.S. may do a trade deal with Mexico and then do a deal with Canada later. While a sign of positive momentum with Mexico, the comment cast doubt on ... Leggi

EMERGING MARKETS-Mexico peso hits 3-month high, stocks at 6 ... - Reuters

(Recasts with Mexican peso gains) MEXICO CITY, July 30 (Reuters) - Mexico's peso firmed to its strongest level in more than three months on Monday while the country's main stock index closed at its highest in six months, supported by solid corporate ...altro » Leggi

USD/MXN: Mexican peso consolidates gains and erases yesterday's ... - Forex Crunch

The improvement in risk appetite among Emerging Markets boosted the Mexican peso against the US dollar. The USD/MXN yesterday hit the highest level in a month at 19.36 and today bottomed at 18.84. It rebounded from the lows during the US session but ...altro » Leggi

Mexican Peso Weakens As Traders Bail On Emerging Market Risks - Investing.com

In my post reviewing the strength in the U.S. dollar index (DXY), I neglected to note a related weakening in the Mexican peso. On Friday, USD/MXN rallied into its 200-day moving average (DMA) and faded. Per my plan, I faded USD/MXN at the 200DMA. Leggi