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USD/MXN Prints Lower Low for Fourth Session

  • USD/MXN holds close to the session lows, with the USD's post-ISM downtick helping pressure USD/Latam lower - while Brazil's market-friendly round 1 election results adding another tailwind.
  • Little reaction to manufacturing PMI (50.3, prev. 48.5) but bolsters minor MXN strength so far Monday. Key support to watch lies at 19.7533, the Sep 12 low.
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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