Dollar Advance and Uneven Risk Trends Amplify USDMXN, USDHKD, USDINR and USDTRY
Dollar, Emerging Markets, Peso, Hong Kong Dollar, Lira and Rupee Talking Points: The Market Perspective: USDHKD Range Bound Below 7.8500 The charge in risk trends through January has come on hard times recently, leading assets like indices to drop and regions like the EM to ease; in turn EM currencies have been hit USDHKD is […]
USD/MXN rebounds after hitting weekly lows near 18.70; Mexican Peso outperforms EM peers
Mexican Peso among top performers on Friday. UUSD/MXN slide found support above 18.70 as DXY strengthens after the beginning of the American session. US data mostly in line with expectations on Friday. The USD/MXN dropped on Friday to 18.71, reaching the lowest level since January 18 and then rebounded, erasing daily losses after the greenback […]
Surfing The Waves With Gregor Horvat: USDJPY, EURUSD, GBPUSD, WTI, USDMXN & More!
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USDMXN almost at a 3-year low
Tabla 1: Aumentos de tasas de la Fed en 2022 Fuente: Forbes.com The Mexican Peso advanced on Wednesday to levels not seen in almost three years (February 21, 2020) as investors keep an eye on the key US inflation report due out later today (Thursday). Fed members have said Thursday’s CPI data will help decide […]
Mexican peso hits its highest level in a month, looking at 19.00
US Dollar remains weak against Emerging Markets currencies. USD/MXN testing 2022 lows near 19.10, closer to 19.00. Bearish pressure to alleviate above 19.50 The USD/MXN is falling again on Tuesday as it continues to move with a bearish bias, approaching the 19.00 psychological area. Earlier today it bottomed at 19.08, the lowest level in a […]