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.
MXN
- As USDMXN edges lower and is testing below key short-term trendline support and the 50-day MA at 20.4844, significant levels in MXN crosses may be bolstering the move higher in the Peso.
- EURMXN horizontal support cluster at 24.1450 has broken and is extending lower following the daily close. These represent the lowest levels since February 3rd and could target a move to the year's lows at 23.6562.
- Additionally, MXNJPY has reached the highest levels since early March 2020 and is attempting to breach resistance at 5.40.
Daily MXNJPY and EURMXN
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