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Attention On 20.00 In USDMXN, Ebrard To Visit India

MEXICO
  • Markets attention is on the potential sustained break of 20.00 support in USDMXN which would strengthen bearish conditions and initially open 19.8486, the Sep 13, 2021 low. Resistance to watch is at 20.4196, the 20-day EMA.
  • Foreign Minister Marcelo Ebrard will pay a three-day visit to India beginning Wednesday.
    • A ministry statement said that Ebrard and External Affairs Minister S Jaishankar will undertake a comprehensive review of bilateral relations and will also discuss international issues of mutual interest in their talks.
  • Mexico’s private capital association, AMEXCAP, will be holding its 2022 summit with participants including BlackRock, Dila Capital, Alloy Capital, Alsis Fund and Promecap.

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