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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.
MEXICO
- USDMXN Continues Descent, Breaches 50-day EMA Support
- The Mexican Peso continues to trade on the front-foot and USDMXN is now below the 50-day EMA. Additionally, the 61.8% retracement of the Feb 23 - Mar 8 rally has been breached at 20.6581. This is a negative technical development for the pair potentially reinstating a bearish technical theme. The most significant area of support below here remains between 20.12/15.
- *U.S. Ambassador Ken Salazar and his Mexican counterpart Esteban Moctezuma are discussing migration, energy and security at an event hosted by the Atlantic Council.
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.
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