Banxico minutes signal more easing ahead as economy slows

Banxico board sees increased economic slack and downside inflation risks, reinforcing expectations for more rate cuts. Majority noted orderly MXN trading and improving liquidity conditions despite external volatility. USD/MXN could test 20.00 if support at 20.30 breaks; upside risk only resumes above 20.50. On Thursday, April 10, Banco de Mexico (Banxico) released its latest meeting … Read more

You have not selected any currencies to display