Mexican Peso remains at 18.40 as Trump and Sheinbaum suggest a trade agreement
On Tuesday, the Mexican Peso remained stable against the US Dollar, as there wasn’t much economic activity in Mexico to observe. Traders are particularly interested in the Mid-Month Inflation figures for October that are set to be released soon. In the US, disappointing housing data has left investors feeling uncertain, and geopolitical factors have been […]
Mexican Government Accuses Border State Attorney General of Treason for Collaborating with U.S. Against Cartels
The Mexican government has charged and arrested the former attorney general of Chihuahua, but not for the typical reasons you might expect, like corruption or drug trafficking. Instead, he is facing prosecution for collaborating with U.S. agencies against drug cartels in his state. His work led to the uncovering and dismantling of one of the […]
New Mexico Man Led Drug Trafficking Operation from Mexican Jail, According to U.S. Federal Authorities
Federal Prosecutors Charge New Mexico Man Operating Drug Ring from Mexican Prison U.S. federal prosecutors have revealed that a man from New Mexico was allegedly running a drug distribution network in the United States while incarcerated in a Mexican prison on drug-related offenses. This week, charges were brought against 34-year-old Felix Anthony Salazar III. Authorities […]
Three Mexican men sentenced for the murders of Australian brothers Callum and Jake Robinson, and their American surfing friend Carter Rhoad
A judge recently imposed sentences exceeding 158 years for each of three Mexican men involved in the 2024 murders of two Australian brothers and their American friend. This tragic case highlighted the dangers that foreign visitors face in Mexico, a country heavily reliant on tourism. After a week of deliberation following their convictions, the sentencing […]
Lee County authorities in Florida apprehend a transgender Mexican undocumented individual after accusations of sexually assaulting a minor
Arrest in Lee County Over Allegations of Sexual Assault Authorities in Lee County, Florida, have apprehended 38-year-old Uriel Santiago Perez. Perez, a Mexican national living in the U.S. without legal permission, faces allegations of sexually assaulting a minor during a home tour. There’s been a bit of confusion among various news outlets labeling Perez as […]
Mexican Peso recovers as strong US PPI does not boost Dollar
On Thursday, the Mexican Peso gained some ground as investors absorbed the latest inflation figures from the US, which indicate that more tightening might be necessary but also led to a dip in the US Dollar. The USD/MXN pair is trading at 18.41, reflecting a decrease of 0.44%. US inflation spikes, consumers show resilience, and […]
U.S. Imposes Sanctions on Mexican Company Tied to Cartel that Constructed Border Crossing
U.S. Sanctions Target Companies Tied to Cartel Activity A construction company linked to drug cartels and now under sanctions from the U.S. Department of the Treasury has been involved in building a significant international port that connects Nuevo Leon in Mexico with Texas. This situation has ignited considerable political strife as border state governments seek […]
Mexican Political Leaders Employ Legal Tactics to Mute Dissent and Satire
Mexico’s Legal Tactics Against Critics In Mexico, the political elite has increasingly resorted to lawfare tactics against journalists, cartoonists, and even everyday citizens who dare to create or share memes online. This trend, alarming in its implications, has gained momentum as the ruling party, Morena, has consolidated its power and amended laws to stifle dissent. […]
Mexican Peso remains steady as FOMC Minutes indicate more rate increases
The Mexican Peso has ended its recent streak of gains but remains stable around the opening rate from Wednesday against the US Dollar. This comes after the Federal Reserve’s recent meeting minutes indicated that officials anticipate another interest rate increase before the year concludes. Currently, the USD/MXN stands at 17.98, showing little change. Reasons for […]
Mexican Peso falls below 18.00 as carry trade loses its advantage
The Mexican Peso continued its decline against the US Dollar for the second day, dropping by 0.29%. The USD/MXN pair has crossed the significant level of 18.00, reaching 18.04, marking its highest point since early April 2026. USD/MXN Surges to a Six-Month Peak Due to Decreasing Rate Differentials Several factors are contributing to the Peso’s […]