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Security Cabinet Members In Washington

MEXICO
  • The outlook for USDMXN remains bearish - moving average studies are in a bear mode position highlighting a downtrend. Price has recently pierced the 18.00 handle and this has exposed the next key support at 17.8981, the Mar 9 low. A breach of this level would open 17.5746, the Aug 25 2017 low. Initial firm resistance is at 18.4683, the 50-day EMA.
  • High-level officials led by Public Security Minister Rosa Icela Rodriguez and Foreign Minister Marcelo Ebrard visiting Washington today and Thursday for talks with US officials. Members of Mexico's security cabinet are expected to discuss the trafficking of synthetic opioid fentanyl, President AMLO said Monday. The meeting's agenda will include other topics, including arms trafficking, the president said, without providing details on which U.S. officials would participate.

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