MexicanPeso

Mexican Peso Faces Pressure Amid U.S. Tariffs: A Broader Impact on Emerging Markets

3 months ago

In a significant development, the Mexican peso has come under pressure following the recent imposition of tariffs by the United States. This strategic financial move has ignited concerns that other emerging market (EM) currencies may also be adversely affected, creating ripples through the global economic landscape. As trade relations between the U.S. and Mexico continue to morph, the implications of these increasing tariffs extend beyond just bilateral trade.

Trump's Tariff Delay Sends Mexican Peso and Canadian Dollar Soaring

3 months ago

In a significant development affecting North American trade dynamics, the Mexican Peso and the Canadian Dollar have received a notable boost following an announcement from former President Donald Trump regarding the postponement of tariffs on imports from Mexico and Canada. This decision has sparked optimism among investors and market analysts alike, who view it as a positive shift in the trade relationship between the U.S. and its neighboring countries.

Mexican Peso Set to Gain as Political Uncertainty Subsides, Says UBS

8 months ago

This has been an encouraging development for the economic prospects of Mexico, as UBS forecast the strengthening of the Mexican peso, or USD/MXN. As the political uncertainty in the country slowly clears, the peso is seen to gain traction in the global currency market, according to analysts at UBS.