The Mexican peso fell today on the concerns that the global recovery may slow, fueled by the lower than expected payrolls in the U.S. and the sovereign-debt crisis in Europe.
Mexican Peso Strengthens as China Brings Relief to Markets
May 28th, 2010 at 11:36
Mexican Peso
The Mexican peso rose today as the announcement of the Chinese government that it doesn’t plan to stop investing in Europe brought the respite to the global markets.
Mexican Peso Drops with Oil Prices & Higher Unemployment
May 26th, 2010 at 11:49
Mexican Peso
The Mexican peso weakened today as the debt crisis threats to spread across the Europe, curbing the commodity prices, and on the increasing unemployment rate.
Industrial Expansion Aids Mexican Peso
May 13th, 2010 at 10:37
Mexican Peso
The Mexican peso gained today as the industrial production expanded more than expected signaling about the increasing pace of Mexico’s economic recovery.
Mexican Peso Drops as Crude Oil Tumbles
May 05th, 2010 at 13:20
Mexican Peso
The Mexican peso tumbled today against the U.S. dollar as crude oil declined, dragging along with it the currencies tied to commodities, and with increasing global risk aversion sentiment.
Mexican Peso Advances on Higher Risk Appetite
April 26th, 2010 at 16:49
Mexican Peso
The Mexican peso advanced today on the outlook that the demand for the higher-yielding assets will increase after the talks about the aid package for Greece will be concluded.
Mexican Peso Climbs on Prospective Foreign Investors
February 17th, 2010 at 1:55
Mexican Peso
The Mexican peso had another day of advance as commodities rose globally and speculations that foreign investors will purchase the nation’s bonds helped the Latin American currency to extend its rally for another day in foreign-exchange markets.
Mexican Peso Falls on Adverse Trading Scenario
February 05th, 2010 at 2:51
Mexican Peso
The trading scenario this Thursday was entirely against the Mexican currency, which faced worse-than-expected data coming from the U.S., its main trading partner, and a strong sentiment of pessimism as European public accounts are deteriorating.
Mexican Peso Extends Rally on U.S. Recovery
January 05th, 2010 at 22:16
Mexican Peso
The Mexican peso is benefiting from the U.S. economic outlook for 2010, as Mexico has the U.S. as the main destination for its exports, both raw and manufactured, and an accelerated growth of its neighbor is helping Mexico’s currency to gain in foreign-exchange markets.
Mexican Peso Up as Stocks Hit Record High
December 03rd, 2009 at 0:04
Mexican Peso
The Mexican currency had a winning performance versus several important currencies as stocks rallied on speculations that the Latin American economy will recover faster than other emergent markets.