Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
MEXICO
- USDMXN has recently breached the 20.2502 July highs and the pair now trades at the highest level since June, currently up 0.52% on the day.
- Additionally, the daily trendline from the March and June highs has been breached and the daily/weekly close will be eyed for potential signs of an extension higher in the pair.
- Above here, the next notable technical level comes in at 20.3504, 61.8% of the recent Jun 18 - 25 downleg. The June high at 20.7488 represents firm resistance.
- Citibanamex publishes its biweekly survey of economists with forecasts for growth, inflation, exchange rate and policy moves.
- However, the focus domestically will be on June retail sales and Aug-15 Bi-Weekly CPI data released Monday and Tuesday next week.
MNI/Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok