Derivatives marketplace operator CME Group Inc (NASDAQ:CME) has announced that it cleared a record 1 trillion in Mexican peso (MXN)…
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Mexico’s richest including Carlos Slim lose billions in peso sell-off
Widely reported on mainstream media outlets was the billions lost during the U.S. election day sell-off by the world’s richest…
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FxPro reduces margin requirements on MXN and CHF currency pairs
After returning to normal most currency pairs following last week’s US election, FCA and CySEC licensed Retail Forex broker FxPro…
Read MoretrueEX completes first electronic Mexican peso swap trades for institutional investors
trueEX, the first exchange approved by the Commodity Futures Trading Commission (CFTC) as a Designated Contract Market (DCM) for swaps has…
Read MoreMexico’s peso continues record drop, joining a rout in emerging markets
Mexican Peso, Russian Ruble, and Turkish Lira all experiencing renewed weakness as emerging market currencies deteriorate in risk-off trading…
Read MoreMexico’s central bank dumps another $52 million at currency auction
Mexico’s domestic economy continues to thrive with high manufacturing and oil output and a low commitment to the IMF, with very low external debt. The nation’s central bank therefore auctions $52 million per day for three months, to stabilize the peso’s value. Yesterday’s auction shows steady month for the Mexican currency
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