The dollar shoots up and accelerates higher after the Federal Reserve meeting. The Mexican peso, among the worst of the week. The USD / MXN is rising for the fifth day in a row and after a spike on Wednesday. The price recently reached 20.61, the highest level since the end of March, then fell […]
Tag: USDMXN
USD / MXN rises for four days and affirms above 20.00 before the Fed
Volatility among emerging countries in the run-up to the Fed meeting. USD / MXN flirts again with levels above 20.00. The USD / MXN on Tuesday reached 20.19 before reversing the trend and ending the day far from the highs and around 20.00. On Wednesday the price fell to 19.95 before bouncing higher. After the […]
Strong bounce above 20.00, looking at the 100 SMA
Mexican peso among worst performers on Tuesday. USD / MXN breaks above 20.00 and extends the rally. The outlook is for more gains for the USD as long as it is above 20.05. The USD/MXN It broke above 20.00 / 05 a few hours ago and jumped to 20.16, reaching the highest level since June […]
USD / MXN reaches highs in a week above 20.00
Mexican peso falls against the dollar before the Fed. The USD / MXN reaffirms the very short-term bullish tone, supported by the strength of the dollar. The USD / MXN is rising for the third day in a row and has just hit 20.00, the first time since June 4. The price for now stopped […]
USD / MXN rises at the start of the week and remains close to 19.90
Mexican peso loses strength against the dollar after failing to close below 19.80 for the week. The dollar looks better ahead of the Fed meeting. USD / MXN is rising modestly for the second day in a row, supported by a general improvement of the dollar in the market before the start of the Federal […]
USD / MXN rises above 19.70, maintains a bearish bias and weekly losses
Mexican peso, Turkish lira and Russian item, the best performing currencies so far this week. USD / MXN heading to the lowest weekly close since February 2020. The USD / MXN is rising on Friday and is trading at highs for the day at 19.73, driven by a recovery in the dollar in the markets, […]
USD / MXN reverses intraday trend and points back to 19.55
Mexican peso remains strong after cabinet announcements. The dollar loses ground after US data. USD / MXN is trading at the lowest levels of the day at 19.65, after the rebound from month-long lows found resistance at 19.75. The weakness of the dollar together with a continuation of the good moment of the Mexican peso […]
Mexican peso reaches highest level since December, targets 19.50
Mexican peso remains strong against the dollar. Mexico: Inflation higher than expected in May, but below 6%. The USD / MXN is falling for the fourth day in a row. The Mexican peso continues to gain ground after Sunday’s elections and driven by a weak dollar in the market. The price of the cross is […]
The Mexican peso remains strong, could test 19.50
USD / MXN falls for the third day in a row, still above the critical support at 19.75. The outlook is for more gains for the MXN, below 19.70 it will probably fall towards 19.50. The USD/MXN remains under pressure amid a stronger Mexican peso after Mexico’s midterm elections. The pair falls for the third […]
Mexican peso remains strong and continues to press support at 19.75
Dollar with mixed results throughout the market, without clear direction. USD / MXN presses on the 19.75 zone, with a bearish bias. The USD / MXN closed on Monday with a significant drop at the 19.80 zone, after failing to outrun the support area around 19.75. In any case, the bias remains bearish, and the […]