Photo: Mexico City (Reuters) Payments company Unlimint, formerly known as Cardpay, has expanded its offerings in Mexico with the launch of local acquiring services in the country. Announced this week, the acquiring services will provide Mexican merchants access to features like offering installment

CNBV designates commercial banking institutions of local systemic importance. BIS annual economic report. The origination of mortgage financing from banks fell 18.2% in real terms. Adverse economic effects of the COVID-19 outbreak in the US slows down the recovery of financial markets at the end of

Risk reversals on USD/MXN, a gauge of calls to puts, fell to two-month lows on Monday, indicating a weakening of demand for call options or bullish bets.  The gauge stood at 2.938, the lowest level since March 12, having topped out at 7.48 on March 23. The decline indicates the demand or implied vo

USD/MXN steps back from four-day top amid bearish MACD. 50-day SMA, multi-day-old rising trend line offers key support. Another descending resistance line from early-April adds to the resistance. USD/MXN declines to 24.33 during Wednesday’s Asian session. In doing so, the quote takes U-turn from

Photo: Leaprate The Moscow Exchange Group (MOEX) has released its trading volumes for the full year 2020. Russian market operator registered RUB 34.3 billion in Fee and Commission income (F&C). This represents a 30.9% growth compared to 2019. MOEX reported that all business lines of F&C post

USD/MXN folding over, already testing 's2) - area around 21 handle is the big test. Read more here.

USD/MXN seesaws inside a short-term triangle formation. Banxico is widely anticipated to announce another rate cut to 5.5%. A three-week-old falling trend line adds to the upside barriers. A downside break of the triangle can refresh monthly low. USD/MXN takes rounds to 24.25, up 0.08% on a day

Will 2021 bring a big break to USD/MXN? Read more here.

Strong breakout from the falling wedges that had built coming into this year. Prices now finding resistance at 50% marker of the 2017-2020 major move. Whether looking for USD strength or weakness, there's attractive items on USD/MXN for either. Read more here.

USD/MXN above 20.00 as bulls break out. Read more here.

Dewan Pengatur Banxico menahan overnight rate di 4,25%, tetapi dengan dua perbedaan pendapat untuk penurunan 25bp. Selain itu, sinyal dari pernyataan Banxico mengenai keyakinan yang lebih besar pada MXN, yang berkaitan dengan inflasi, lebih jauh mengindikasikan peningkatan fleksibilitas pelonggaran

The head of a major Mexcian financial intelligence unit has complained that local law enforcement has only a quarter of the staff it needs to respond to crypto laundering from cartels. Photo: Cointelegraph Mexican authorities report an increase in the use of crypto assets to launder funds by crimina