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04:00 PMGoldman Sachs Dollar To Turkish Lira Forecast: USD/TRY To Rise To 54 In 12 Months - Exchange Rates Org UK 08:49 AMPolish consumer spending to slow as caution rises 08:12 AMPolish consumer spending to slow as caution rises 06:50 AMUBS Morning audio comment: The bias to optimism reasserts itself 02:40 AMMacro Freestyle – Can emerging markets weather the oil shock?01:30 AMThe Commodities Feed: Oil trades lower as US-Iran deal noise grows 01:30 AMThe Commodities Feed: Oil trades lower as US-Iran deal noise grows 01:29 AMThe Commodities Feed: Oil trades lower as US-Iran deal noise grows 06:52 PMUS Week Ahead: Looking for signs of stress in personal spending 06:42 PMGlobal FX: Broader impacts from the dollar bid 04:00 PMGoldman Sachs Dollar To Turkish Lira Forecast: USD/TRY To Rise To 54 In 12 Months - Exchange Rates Org UK 08:49 AMPolish consumer spending to slow as caution rises 08:12 AMPolish consumer spending to slow as caution rises 06:50 AMUBS Morning audio comment: The bias to optimism reasserts itself 02:40 AMMacro Freestyle – Can emerging markets weather the oil shock?01:30 AMThe Commodities Feed: Oil trades lower as US-Iran deal noise grows 01:30 AMThe Commodities Feed: Oil trades lower as US-Iran deal noise grows 01:29 AMThe Commodities Feed: Oil trades lower as US-Iran deal noise grows 06:52 PMUS Week Ahead: Looking for signs of stress in personal spending 06:42 PMGlobal FX: Broader impacts from the dollar bid

Banxico

Banco de México

BanxicoMexico·MXN

Overnight rate

9.00%

as of 2026-03-27

Next meeting

Jun 25

T-29d

The Banco de México conducts monetary policy for Mexico with the primary objective of maintaining the stability of the purchasing power of the national currency. The Governing Board holds eight scheduled monetary policy decision meetings per year, with decisions announced on Thursdays.

Meeting Schedule (2026)

Feb 5Mar 26May 7Jun 25Aug 6Sep 24Nov 5Dec 17

Policy decisions are announced on the dates above. Source: official central bank schedules.

Primary Currency

MXN

Cross-firm view, consensus targets, and live rate

Overnight rate

9.00%

As of 2026-03-27

MXN 2026 consensus

18.25

median of 18 banks

MXN net longs (CFTC)

55,593

latest as of May 19

-2,265 WoW

Next macro event

Business Confidence (May)

Jun 1

Upcoming Macro Calendar — Mexico

Next 8 high+medium impact events (next 30d)

Date	Event	Country	Impact	Consensus	Previous
Mon, Jun 1	Business Confidence (May)	MX	Med	48.1%	47.9%
Fri, Jun 5	Consumer Confidence (May)	MX	Med	44.8%	44.4%
Tue, Jun 9	CPI MoM (May)	MX	Med	—	0.2%
Tue, Jun 9	Inflation Rate MoM (May)	MX	Med	—	0.2%
Tue, Jun 9	Inflation Rate YoY (May)	MX	Med	—	4.45%
Tue, Jun 9	CPI YoY (May)	MX	Med	—	4.45%
Thu, Jun 25	Interest Rate Decision	MX	Med	—	6.5%
Fri, Jun 26	Balance of Trade (May)	MX	Med	—	4.52

Bank Consensus on MXN

Aggregated 2026 year-end target across 18 sell-side firms

Median vs spot: -4.9%

Median

18.25

Spread

2.20

Top Bull

Citi19.20

Top Bear

StanChart17.00

All Firms · Bear → Bull

StanChart17.00 DB17.20 ING17.25 BofA17.30 MS17.40 GS17.50 MUFG17.50 BARC17.70 CBK17.80 BNP18.25 JPM18.25 UBS18.30 HSBC18.50 Mizuho18.50 SG18.80 RBC19.00 NMR19.20 Citi19.20

CFTC Positioning — MXN

Updated 8 days ago

Non-commercial net longs over the past 8 weeks. Latest report: May 19, 2026 for Banxico

Latest net

55,593

MXN non-commercial contracts

WoW change

-2,265

-2,265 WoW

8-week trend

oldest → newest

Firm Coverage

Reports referencing Banxico across covered research desks

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Aggregated year-end forecasts, scenario shifts, and curated analyst notes from eight institutional desks. No promotion.