Unclear market outlook weighs on emerging currencies. USD / MXN advances, but technically bearish bias predominates although it needs to break 21.10. USD / MXN is rising for the second day in a row but still remains close to recent lows and bearish tone intact. The fall in stocks on Wall Street detracted from the […]
Tag: Mexico
USD / MXN falls to lows in a month and points to 21.00
Mexican peso rises for the fourth day in a row against the dollar. USD / MXN breaks below the previous low of October and intensifies the bearish tone. USD / MXN continues to move on a bearish bias and has broken below last week’s lows, reaching to 21.05, the lowest level since September 21. It […]
USD / MXN: The Mexican peso remains firm below 21.50
Mexican peso remains firm near the highs of the month against the dollar. USD / MXN cannot sustain above 21.40. He USD / MXN is falling modestly on Wednesday after the rally met resistance before hitting 21.50. There change of direction and fell to 21.25, marking a new low for the day. It is trading […]
LIVE Covid-19: 17% of positive tests in Ile-de-France, a level “never reached”
The pandemic continues to spread around the world. More than 37 million people have been infected with the coronavirus and more than a million have died since the end of December. After the United States, the most bereaved country in the world with more than 200,000 dead, follow Brazil (150,488), India (108,334), Mexico (83,507) and the United […]
The main Latin American economies sick with Covid-19
Despite a disastrous health toll (150,000 dead and 5 million confirmed cases), the recession will probably not be as deep as expected in Brazil. The IMF, which predicted a historic drop of 9.1% of GDP this year, revised its forecasts downwards: -5.8% (including -7% in the first half), with a slight recovery of 2.8% of GDP next year. […]
