The Mexico Pesos

Latest News

• FX LATAM: No action in Brazil yet, Chile IPSA lower, MXN soft
  With Brazil just recuperating from "Carnivale" it's a late start there today; the Chilean IPSA is trading lower, off 0.44% at 4505.61, no action on the Mexican Bolsa as of yet but the MXN is trading off its morning highs, 12.83 20/50 vs London USD/MXN lows ...
  FXStreet.com
• RESEARCH: MXN still cheap and not likely to reach its fair value until it gets closer to MXN12.0/USD
  Quotes from HSBC Global Research: -The MXN is still cheap and is not likely to reach its fair value until it gets closer to MXN12.0/USD, according to our estimates. This gives some margin of 7.0% for additional appreciation. -However, we also note that the ...
  ForexTV.com
• America Movil Reports a Mixed Bag
  Net profit plunged 36.2% year over year to MXN$16.3 billion ($1.2 billion). EPADR for FY11 declined 2.2% year over year to $1.74 and Net profit dropped 9.6% y-o-y to MXN$82.6 billion ($6.7 billion) Total revenue was approximately MXN$181.9 ...
  Yahoo Finance
• Weekly Summary on USD, EUR, GBP, JPY, AUD, CAD, MXN and RMB
  USD - The USD begins the week mixed against its major counterparts as all eyes are on Greece after European officials approved a second bailout package for the debt stricken nation. However, serious concerns remain that while the infusion of ...
  Int'l Business Times
• Forex Flash: USD/MXN might bounce before further losses in 2012 – Commerzbank
  FXstreet.com (Barcelona) - Commerzbank analysts see the Latin American currencies to outperform the Asians for serveral months. The strongest seems to be the Mexican Peso, but after the strong recent downside, the USD/MXN might incur in a corrective ...
  FXStreet.com
• Trading the Mexican peso against the U.S. dollar (USD/MXN, FXM)
  A quick technical look at the U.S. dollar against the Mexican Peso (USD/MXN) traders will find a completed head and shoulders pattern on the daily chart. Once price breaks the neckline -- the solid blue line -- it then becomes support.  Since breaking the ...
  NASDAQ
• Wal-mart de Mexico S A B de C V : Wal-Mart De Mexico Plans MXN19.7 Billion In 2012 Capital Expenditures
  Retailer Wal-Mart de Mexico SAB (WALMEX.MX, WMMVY) said Tuesday it plans to invest around 19.7 billion pesos ($1.54 billion) in its operations this year. Chief Executive Scot Rank said the company will open between 410 and 436 new stores to increase its ...
  4-traders (press release)
• Weekly Summary on USD, EUR, GBP, JPY, MXN and RMB
  EUR -The EUR rose modestly vs. the USD after the Greek government passed a second round of austerity measures amid violent protests. The relief‐rally sent the single currency as high as $1.3283 overnight, within sight of last week's 2‐month ...
  Int'l Business Times
• RESEARCH: Foreign investment inflow trends for Mexico remain a source of support for MXN into 2012
  Quotes from RBC Capital Markets: -Foreign investment inflow trends for Mexico remain a source of support for MXN into 2012. Foreign direct investment is benefiting from positive competitiveness trends with Mexican industry winning back market share in the ...
  ForexTV.com
• TEXT-Fitch comments on Grupo Elektra S.A. de C.V.
  Foreign and Local Currency Issuer Default Rating 'BB-'; --Long Term National Scale Rating 'A(mex)'; --Short Term National Scale Rating 'F2(mex)'; --US$550 million senior notes due 2018 'BB-'; --MXN $3,000 million Long Term Certificados ...
  Reuters
• America Movil SAB de CV : America Movil Proposes Dividends Of MXN0.20 Per Share
  Mexican telecommunications company America Movil SAB (AMX, AMX.MX) said its board of directors agreed to propose dividends of 20 Mexican cents (about 1.5 U.S. cents) per share, at a shareholder meeting to be held before the end of April. The Mexican stock ...
  4-traders (press release)
• Mayan ruins: Calakmul
  Private transportation from Xpujil can only be arranged by way of a taxi. The common fare is about $850 MXN pesos, however, the taxi cab drivers may only be willing to stay for a few hours to wait for you. For $1000 MXN pesos it is simple to hire a driver ...
  Examiner
• Santorum Beating Romney in Michigan in Two New Polls
  Weekly Summary on USD, EUR, GBP, JPY, AUD, CAD, MXN and RMB Pain at the Pump: Are U.S. Gas Prices Headed for $5 a Gallon by June? US 2012: Is Mitt Romney Running Out of Cash? A telephone poll conducted by American Research Group, Inc. found ...
  International Business Times
• 2012 Spec Market Scorecard - Stats through Feb 17
  Blumhouse Productions Intrigue MXN Quadrant Pictures Ruby Films Strike Entertainment Sunswept Entertainment Vertigo Entertainment Wonderland Sound and Vision Spec Sales by Seller - Agencies (sold/total) Each cell in the below grid shows the number of specs ...
  YAHOO!
• Fitch: Elektra's Ratings Unchanged by Proposed Acquisition of AEA
  MXN $3,000 million Long Term Certificados Bursatiles issuances (ELEKTRA10-2 y ELEKTRA11) 'A(mex)'; --MXN $5,000 million Short and Long Term Certificados Bursatiles program 'F2(mex)' and 'A(mex)', respectively.
  Yahoo Finance