Explore the world.

Assess underlying market conditions and fundamentals in the world's major economies.

World

Stay ahead.

Follow the biggest stories in markets and economics in real time.

Subscribe

Get insight into the latest trends and developments in global currency markets with breaking news updates and research reports delivered right to your inbox.

After signing up, you will receive regular newsletters from Corpay, and may unsubscribe at any time. View Corpay’s Privacy Policy

Mexican Peso Surges on Surprise Rate Hike

Surprise 50 basis point rate hike from Banxico this afternoon – widened the yield differential against the dollar, and kicked the peso higher.

More here:

Bloomberg: Mexico Stuns Markets With Half-Point Rate Hike on New Inflation Gain

US Job Market Hits Wall, Raising Fed Easing Expectations
Bond Market Turmoil Eases As Labour Markets Slow
Sentiment turnaround
Strains Grow As Investors Shun Long-Term Debt
Debt worries
Jump In Long-Term Yields Pummels Currency Markets

Latest Analysis

Latest Analysis