Mexico's peso stays under pressure near its weakest levels since March as elevated US yields keep pulling capital toward dollar assets, and the equity index drifts lower alongside
Mexico's peso stays under pressure near its weakest levels since March as elevated US yields keep pulling capital toward dollar assets, and the equity index drifts lower alongside it. Trade talks with Washington over tariffs on Mexican autos, steel, and aluminum remain a potential upside catalyst, while Hurricane Rachel strengthening off the Pacific coast adds a near-term local risk. On the domestic front, analysts trimmed inflation forecasts for 2026 and 2027 but raised growth estimates, with Banxico survey expectations pointing to modestly improving economic momentum.
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