FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US Federal Court Border Ruling, USDMXN Consolidates

MEXICO
  • USDMXN had a brief pop on the Ukraine news late on Tuesday, however, the Peso has recovered in line with global risk sentiment. The pair is now consolidating in close proximity of the most recent lows of at 19.25. The focus below here is on 19.1560, the Mar 3 2020 low ahead of 19.0000.
  • The Biden administration is barred from using a pandemic-era border expulsion policy known as Title 42 after a federal court on Tuesday ruled the restriction is unlawful—a decision likely to snarl immigration politics and create uncertainty at the US-Mexico border. (Bloomberg)
  • There are no major Mexican data releases this week, however, there are multiple events scheduled today:
    • Cemex Day in New York
    • Second day of energy event “Encuentro Internacional de Energia Mexico 2022” (EIEM 2022)
  • Central bank to offer 25b of Cetes and Bondes F in extraordinary auction
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.