Mexico’s Peso And Stocks Enter A Caution Phase As Banxico Takes Center Stage

Key Points USD/MXN is holding just under 18, but the debate has shifted from “carry wins” to how quickly Banxico can keep cutting. The IPC is extending a pullback from record highs on meaningful turnover, suggesting de-risking rather than a quiet drift. A firmer dollar, mixed global risk sentiment, and oil-led crosscurrents are tightening the […]