Free Trial

Peso Weakness Extending

MXN
  • Extension higher in USDMXN. Looked like it could have been WMR related but still hugging the highs, up 1.4% on the day. Levels to watch out for above would be 20.5740 (gap fill to last Friday's close) and 20.6641, Dec 21 high.

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.