USD/MXN News, Page 1
- USD/MXN19.234-0.0354(-0.1839%)23:47:21(GMT)|Real-Time Data, Quoted in MXN
- Day's Range19.223 - 19.293
- Subclass / SectorExotic
GBP/USD, USD/CAD, USD/MXN – North American Session Daily Forecast
Positive news from Canadian construction and British employment reports, but USD/CAD and GBP/USD shrug. Mexican peso is also range trading
Forex Daily Recap – USD/INR Dropped over RBI Payout to the Government
Today, Cable bulls were resiliently moving to the upside, aiming the overhead red Ichimoku Clouds, amid fresh Brexit news. Meantime, AUD/USD was -0.27% down today despite RBA’s Debelle’s findings of the country’s shock-absorbing economy.
Forex Daily Recap – AUD/USD Remained Range-Bound Despite RBA Minutes
The upward-facing USD/CHF pair was aiming to breach above the overhead red Ichimoku Clouds. After displaying three consecutive positive sessions in a row, the Japanese Yen pair was attempting to breach above the 106.742 resistance.
Forex Daily Recap – Mexican Peso Down on US-Mexico Tomato Trade War
Fiber continued to slip for the fifth consecutive session today. The Ninja continued to stay within the lower vicinity of the Bollinger Bands, sustaining adverse price actions throughout the day.
Forex Daily Recap – Mexican Peso Tanks 0.4% on Pemex Refinancing Plan
The RBA Meeting minutes revealed that the Bank would keep the doors open for further ease in the monetary policy by a quarter-point soon. The Euro pair and Cable suffered some huge pullbacks today.
Forex Daily Recap – Yuan Pair Oscillating Near Three-Month Top
US JOLTS Job Openings data came out as 7.449 million over 7.240 million expectations. Mexican Peso soared more than 2% over US-Mexico trade deal. Investors seemed to lose interest over Cable, Euro, and Yen.
Forex Daily Recap – US Employment Data Confirming Fed Rate Cut Possibility
Crude Oil prices upsurged 2% on Friday’s session, marking day’s high near $54.31 bbl as Saudi affirmed Supply Cuts for the rest of 2019. Trump continues his stance to impose Mexican tariffs from Monday.
Forex daily Recap – USD/INR Declined on Interest Rate Cut Announcement
USD/INR declined as RBI cuts interest rates by 25 bps making the repo rate to 5.75%. USD/MXN pair hovered near its monthly high amid rising US tariff concerns. Fiber soars over unchanged Interest rate decision.
Here’s What You Need to Know About the USMCA Agreement
While the USMCA brings to an end the coveted free trade agreement, as details of the USMCA emerge, a number of changes were made, while both Canada and Mexico are expected to continue to face aluminum and steel tariffs.
US 2Q GDP Above Expectations, Global Stocks Mostly Higher as Trade Concerns Ease; Turkish Lira Collapse Continues
Global stocks trade mostly higher on Wednesday morning as global trade concerns ease following US-Mexico trade agreement. The focus currently shifts to trade dispute between the US-China.
Did Powell Put Stocks Back Inside A Bubble?
The July Fed minutes released last week showed that Fed officials indicated that valuations of stocks and other assets are “elevated” while corporate borrowing conditions are “easy.” If stocks were “elevated” at the beginning of August then what are they now? “More elevated?”
Global Stock Markets Get a Boost after US-Mexico Trade Deal, Trade War Still a Threat
Global stocks mostly higher on Tuesday morning on investors’ optimism after the US-Mexico trade deal. The news on Mexico has caused pressure on the American currency.
Stocks Rally as “Bearish Headlines” Keep Feeding the Bull
Helping contribute to the rally this morning is more bullish news. Mexican officials told CNBC on Monday that trade talks with the U.S. have wrapped up, adding an announcement could come later in the day. What I believe Powell was suggesting was that the Fed was coming close to a
Not only the Turkish Lira – The Indian Rupee Hits All Time Low
The Indian Rupee is just one of several emerging market currencies to come under pressure in the wake of the Turkish Lira’s collapse. However, the Rupee may be vulnerable to further weakness regardless of the weakness of the Lira.
Toxic Turkish Lira in A Free-Fall, Can Push EUR/USD to $1.04
The collapse of the Turkish lira spreads its toxic influence on the European and EM financial markets. The Turkish lira has lost 11% to 7.11 per dollar since the start of trading on Monday but somewhat stabilized after the country’s Minister of Finance gave an assurance that the government was working
Markets Summer Lull Can Be Broken by Major Central Banks, Emerging Markets Currencies Under Pressure
With the meetings of the largest central banks and important statistics, the week ahead is able to open a period of increased volatility after a long period of a summer lull.
Trade War or Trade Dispute, Whatever, Strong U.S. Economy Offsetting Concerns Over Trade Policy
With China’s stock market in bear territory and at a two-year low and signs that the European manufacturing sector is weakening, if Beijing and the European Union want to dig in and fight a prolonged trade war then be my guest.
Mexico – The Year of Political Shocks Rolls On
Mexico voted on Sunday and the polls going into Sunday’s vote were not wrong. The current vote count shows that a majority 53% voted for Obrador’s left-wing Monero. Can Obrador make a real change in Mexico?