Mexican Peso rallies as Trump softens tariffs threats
Lately, the main driver of the USD/MXN pair has been US President Trump. On Thursday, he said that 25% tariffs imposed on Mexico would commence on February 1, adding that his decision is justified by the Mexican government's failure to fight drug cartels fentanyl traffic to the US and that his country subsidizes Mexico as the trade deficit grows.
Discover the current state of Mexico's economy and the peso's resilience in a challenging trading session amid economic ...
The yen was set for its best January performance since 2018 on Friday, driven by the expectation for Japanese interest rates ...
Relatively high interest rates, close proximity to the U.S., and vast petroleum reserves are all factors that contribute to the liquidity of the Mexican peso.
The yen was on track for its best monthly start to the year since 2018 on Friday, helped by the view that the Bank of Japan ...
Peso Pluma’s last couple of years have been nothing short of fascinating. The Regional Mexican Music singer has topped the charts. He was accused of laundering money for cartels and is getting ready ...
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One could argue it is surprising that the Mexican peso is not weaker on Friday, amid softer-than-expected domestic growth data, expectations of imminent tariffs from the US and an impending 50bp cut ...
A deadline for U.S. tariff hikes on two of its top trading partners has global currency markets braced for increased ...
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