Mexico Central Bank Interest Rate meets forecasts (10%)

Dec 19, 2024

US Dollar eases after Fed signals fewer cuts, Trump factor surfaces

The US Dollar Index (DXY), which tracks the USD's value against a range of currencies, pulls back from its two-year peak following signals from the Federal Reserve (Fed) about fewer interest rate cuts in the future.

Mexican Peso gains as Banxico cuts rates, following Fed’s lead

The Mexican Peso strengthened against the US Dollar on Thursday after the Banco de Mexico reduced interest rates as expected following the Federal Reserve’s (Fed) Wednesday decision.