Free Trial

USDMXN Trades As Low As 20.86 Overnight

MEXICO
  • USDMXN traded back down to around 20.85 late yesterday amid the broader uptick in global sentiment, however, the pair has bounced back above the 21.00 handle and resides 0.62% higher for today's session.
  • As a reminder, leading opposition lawmakers in Mexico say they won’t back the government’s nationalist electricity bill unless it changes significantly, reducing chances one of the president’s most ambitious proposals is approved in congress any time soon.

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.