Free Trial
USDCAD TECHS

Approaching A Key Support Zone

AUDUSD TECHS

Strong Rebound

EURJPY TECHS

Pullback Hits Pause

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
MEXICO
  • With US yields extending higher, EMFX is suffering this morning. Additionally, a marginal new low beneath 20.55 but no daily close has prompted a relief rally in USDMXN. With just international weekly reserves data on the docket, focus will be on the FOMC.
  • Republican senators have accused President Biden of committing unlawful acts by halting construction of the wall on U.S. southern border.
    • Lawmakers to say Biden's actions led to compromising "operational control" of the southern border, "and a humanitarian and national security crisis has ensued," according to early copy of letter shared with Politico (BBG)
  • Further headlines regarding President AMLO's power bill, this time from Canada. PM Trudeau's government is worried that the recently amended electricity law in Mexico will harm Canadian investments in the country's clean energy sector.
  • In more positive news, Mexico posted a daily rise of 175 Covid-19 deaths, 23% of general hospital beds occupied, 27% of beds with ventilators occupied.

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.