- Mexican Bizo declines by 0.94 % as risk morale turns into commercial concerns.
- US President Trump targets cars, potatoes and computers with a 25 % tariff.
- The US dollar index strikes four days of federal reserve signals on price cuts.
- Pancico’s policy is more vulnerable to MXN; Merchants of retail sales, Pancico minutes.
The Mexican Biso lost the Earth and fell to its lowest level in two days against Greenback on Wednesday, as US President Donald Trump targeted customs tariffs on cars, pharmaceutical preparations and computer flakes. Meanwhile, the Federal Reserve revealed the latest minutes at the meeting, which maintained the “current situation” but sponsored a leg in the US dollar/MXN, which rises by 0.94 % and trades at 20.43.
The minutes showed that federal reserve officials ruled the risks of dual mandate to be almost balanced, while “some participants referred to potential changes in trade and immigration policy that they have the ability to hinder the inflation.” Participants noted that some measures of inflation expectations “recently increased.”
The negative market mood has turned in a new round of Trump’s tariff, which now includes duties about 25 % on cars, pharmaceutical preparations and semi -conductors. With an announcement once April 2. This strengthened Greenback, which according to the US dollar index (DXY) reached a peak for a period of four days of 107.32.
Meanwhile, the previously unveiled US housing data was mixed. Housing begins, while construction permits have maintained the “current situation”. Laayoune now turns into the first monetary policy meeting of the Federal Reserve (Fed) for 2025.
the feeding It turned more cautious after the latest inflation readings, indicating that politics is not restricted as they believed. rise Consumer price index (CPI) for a period of five consecutive months that may prevent the US Central Bank from lowering interest rates, at least for the first half of 2025.
Therefore, it is expected that there will be more USD/MXN as a difference in the monetary policy between Pancico and Favors Favors USD/MXN in the upward trend. The Federal Reserve is expected to maintain prices Rates Once again by 50 basis points at the next meeting.
Meanwhile, traders are looking to issue retail sales in Mexico for the month of December, which is expected to deteriorate on a monthly basis but they improve despite the contract annually. After that, the latest monetary policy records in Pancico will be revealed.
Daily Digest: Peso Mexican places water amid aversion to risk
- Retail sales in Mexico are expected to appear in December. It is expected that the Q4 2024 final domestic product is expected to appear and is expected to expand annually.
- Meanwhile, investors are waiting for Pancico minutes, which will help them to collect evidence about the intention to reduce rates at a rate of 50 basis points (BPS) during the year.
- US housing in January decreased from 1.515 million to 1.366 million, or 9.6 % of diving, due to weather disorders. Meanwhile, American construction permits for the same period improved with numbers from 1.482 million to 1.483 million, an increase of 0.1 %.
- “The policy should remain restricted to … I see that we are really going to make progress in inflation,” said Mary Dali, President of Ben Francisco.
- According to the interest interest contract in December 2025, the future bush market, the Al -Maqyazat market indicates that the Federal Reserve will reduce prices by 40 basis points towards the end of the year.
- Commercial conflicts between the United States and Mexico remain in the boiler room. Although countries have previously found a common ground, US dollar traders/MXN should know that there is a temporary stop for 30 days and that tensions may arise at the end of February.
USD/MXN Expectations: The Mexican Bizo is drowned as USD/MXN rises towards SMA for 50 days
The USD/MXN trend resumed as the strange medium -moving husband tested for 100 days (SMA) at 20.22 but failed to scan the latter. The momentum is preferred in short -term buyers due to the RSI Index (RSI) in the Habumiya area.
Therefore, the bulls should wipe SMA for 50 days at 20.57, before targeting the height of January 117 at 20.93. Once it exceeds, merchants can target a general rise (YTD) at 21.28, before challenging 21.46. On the contrary, if the USD/MXN falls down SMA for 100 days, look for a fall for Figure 20.00 test.
Customs fees are common questions
Customs duties are useful customs duties on some imports of goods or a category of products. Customs duties are designed to help local producers and manufacturers to be more competitive in the market by providing the price feature on similar goods that can be imported. Definitions are widely used as fever tools, along with commercial barriers and import shares.
Although customs tariffs and taxes generate government revenues to finance public goods and services, they have many differences. Customs duties are pre -paid in the entry port, while taxes are paid at the time of purchase. Taxes are imposed on individual taxpayers and companies, while customs duties are paid by importers.
There is a school of thought between economists regarding the use of definitions. While some argue that definitions are necessary to protect local industries and address commercial imbalances, others see them as a harmful tool that can push prices up in the long term and lead to a harmful trade war by encouraging customs tariffs.
During the period before the presidential elections in November 2024, Donald Trump explained that he intends to use the customs tariff to support the American economy and American producers. In 2024, Mexico, China and Canada accounted for 42 % of the total imports of the United States. During this period, Mexico emerged as the best source with $ 466.6 billion, according to the American Statistical Office. Thus, Trump wants to focus on these three countries when imposing definitions. It is also planned to use the revenues created by definitions to reduce personal income taxes.
2025-02-19 17:22:48