Mexico: Banxico to match the Fed with a 75bps rate hike next week – Wells Fargo
Next week the Bank of Mexico will have its monetary policy meeting. According to analysts
USD/MXN could briefly see 19.50 – ING
USD/MXN has dropped below the 20 level. In the opinion of analysts at ING, the
Mexican central bank hikes rates by 75 bps, USD/MXN trims losses
Reuters reported that the Bank of Mexico hiked its benchmark interest rate by three-quarters of
USD/MXN to recover back above the 20 level before the end of June – Rabobank
USD/MXN broke not just below the 20 handle but 19.70 gave way too, opening up a
USD/MXN: Hawkish Banxico should be peso-positive – Standard Chartered
Banco de México (Banxico) raised the policy rate by 50 bps in May. Economists at
USD/MXN: Peso poised for moderate strengthening – TDS
Economists at TD Securities believe the Mexican peso may find space for some appreciation. They
USD/MXN: Failure of Banxico to follow the Fed to see the peso coming under pressure – ING
Banxico needs to keep pace with the Federal Reserve. If not, the Mexican peso could
Bullish prospects for the Brazilian real and Mexican peso – Credit Suisse
Economists at Credit Suisse reaffirm their USD/BRL and USD/MXN Q2 targets of 4.50 and 19.55
USD/MXN: Likely to trade between 19.85 and 20.20 in the coming weeks – Rabobank
Analysts at Rabobank see the USD/MXN pair trading between 19.85 to 20.20 in the coming
Mexico: Banxico’s statement could sound less hawkish than previously – Wells Fargo
On Thursday, the Bank of Mexico will annoujnce its decision on monetary policiy. Market participants