Free Trial

MXN sits top of the EM pile with.......>

MEXICAN PESO
MEXICAN PESO: MXN sits top of the EM pile with gains of 2.59% against the USD on
extended react to the indefinite suspension of tariffs. USDMXN gapped lower at
the Asia open with the downtrend briefly clearing the 100-dma (Mxn19.1412) to
print extended pullback lows of Mxn19.1381. Rate recovers to Mxn19.2008 as
traders look to fill the gap, with further resistance located at Mxn19.3642 from
the 200-dma.  

To read the full story

Close

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.