Mexican peso

Mexico-USA relations

Are Mexico and America Heading for a Breakup?

Maria Fernando Tapia Cortés | Donald Trump has already built barriers around his relationship with Mexico that are higher than any wall. The diplomatic slip in the form of a tweet that ended with President Enrique Peña Nieto canceling their meeting was apparently fixed after the phone call between the two presidents held on January 27, in which they agreed to not talk publicly of the wall and expressed their desire to keep cooperating on issues like security.


Mexico's oil prices

Mexico got Trumped!

AXA IM | Mexico, together with China, appears to be the country most exposed to Trump’s economic policy given its vicinity and close trade relations with the US. The Mexican peso has depreciated by 10% relative to its pre-election day closing level, the stock market is down 6% and the local currency sovereign 10-year rate has shot up by 112bps.


forex

Forex turnover results 2013 – or why you should worry

HAMBURG | By Dr. Beate Reszat | The BIS Triennial Central Bank Survey of foreign exchange turnover makes a fascinating read. First of all, there is the rise in turnover volume: $5.3 trillion. Per day. By comparison: World exports in 2011 (the latest available number) were about $17.8 trillion. Per annum. Second, there is the number of currencies traded which, as the following list shows, has increased markedly. The Mexican peso and Chinese renminbi are even found among the top 10 most traded currencies now.