The Mexican peso had a positive day after severe declines as stocks in the U.S. climbed, attracting investors to purchase once again emergent market currencies, favoring peso-priced assets and several other Latin American currencies.
Mexican Peso at 4-Month High on U.S. Recovering Data
August 10th, 2009 at 23:18
Mexican Peso
The Mexican peso started the week at the highest level in 4 months as the United States are signaling that the path out of recession has been already started.
Mexican Peso Climbs on Credit Rating
August 05th, 2009 at 20:27
Mexican Peso
The Mexican Peso climbed to a 2-month high after Moody’s stated that the country has a stable outlook for investments, erasing speculations that the country would be downgraded for the first time since 1995.
Mexican Peso Posts Second Weekly Gain on Economic Optimism
July 24th, 2009 at 20:53
Mexican Peso
The Mexican currency posted another week of gains versus its main trading partner’s currency, the U.S. dollar, as emergent-market currencies profited on higher confidence among traders.
Mexican Peso Falls Again on Crude Oil
July 16th, 2009 at 20:41
Mexican Peso
Mexico is, together with Canada, one of the main energy suppliers for the United States energy demands, and its national currency, the peso, fell again today as the crude oil declined in New York.
Mexican Peso Declines Further on Economic Outlook
July 14th, 2009 at 0:23
Mexican Peso
The Mexican currency, highly dependent on its main trading partner, the United States, posted a sixth day of losses against the greenback on concerns that the economy in the region will not rebound as soon as forecasts predicted.
Mexican Peso Down After Elections
July 06th, 2009 at 20:05
Mexican Peso
The Mexican currency and stocks went down this Monday after the confirmation that President Calderon’s party lost midterm elections, raising concerns that reforms needed to stimulate the Mexican economy will not be implemented.
Mexican Peso Ends Week Down on Poor Economic Data
July 03rd, 2009 at 20:28
Mexican Peso
The Mexican peso, a currency which is highly dependent on United States economic conditions, had the first decline in three weeks as American unemployment figures increased concerns regarding the nation’s recession depth.
Mexican Peso Rises on U.S. Manufacturing Numbers
July 01st, 2009 at 18:59
Mexican Peso
The Mexican peso had a positive performance today as U.S. manufacturing shrank at a slower pace, adding confidence that the U.S. recession might be ending.
