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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.
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Free AccessMXN Resilience Ahead of US Inflation Data
- An extension of dollar strength saw USDMXN pop to 20.1624, above the 200-day MA, however the move failed to garner momentum and the pair closed back below the average. Some peso strength to start Wednesday sees us drift back towards the 20.00 mark ahead of important US inflation data. Our Banxico preview for Thursday's decision will be published shortly.
- Domestic data due at 1200BST/0700ET:
- June Industrial Production SA MoM, est. 0.1%, prior 0.1%
- June Industrial Production NSA YoY, est. 15.5%, prior 36.4%
- June Manuf. Production NSA YoY, est. 16.7%, prior 48.0%
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.