Key Price Levels for USD/JPY, USD/CAD & USD/MXN Ahead of NFP

[ad_1] USD/JPY TECHNICAL ANALYSIS USD/JPY (U.S. dollar – Japanese yen) rallied strongly from mid-July through late August, but its bullish momentum has begun to fade over the past few sessions after prices failed to clear channel resistance at 147.35. Following this rejection, the pair has transitioned into what appears to be a consolidation phase, marked

A retest of late-July lows of 16.62 is not ruled out – SocGen

[ad_1] Share: Economists Société Générale analyze USD/MXN outlook ahead of Mexican first half-month inflation. Mid-month CPI data is set to show further deceleration The mid-month CPI data for Mexico is set to show further deceleration in the headline inflation to 4.61% from 4.78% and in core to 6.24% from 6.52%. The minutes of

Mexican Peso sellers flex muscles, 17.20 in the spotlight

[ad_1] Share: USD/MXN struggles to defend two-day winning streak ahead of Fed Minutes. Impending bull cross between 50-HMA and 200-HMA joins firmer RSI (14) line to favor Mexican Peso sellers. Pair seller need dovish remarks in FOMC Minutes, clear break of 17.00 to retake control. USD/MXN retreats to 17.35 as bulls struggle to

USD/MXN drops but remains above 17.0000 amidst a hot US PPI reading

[ad_1] Share: The Mexican Peso (MXN) advances against the US Dollar, despite overall US Dollar strength. Banxico’s decision to hold rates at 11.25% boosted the Mexican Peso. USD/MXN may stabilize near current levels, potentially reaching 17.5000 if surpassing 17.4100. A daily close below 17.0000 could indicate an extended downward trend. The Mexican Peso

USD/MXN advances amid global risk-aversion and strong US Dollar

[ad_1] Share: USD/MXN rises 0.30% on Tuesday amidst a risk-off impulse. Chinese economic woes spurred by imports and exports plunging weakened the Mexican Peso. Upcoming Mexican inflation data on Wednesday could shed some light on the Bank of Mexico’s next monetary policy decision. USD/MXN gained traction on Tuesday as risk-aversion triggered outflows from

Q3 and Q4 forecast reduced to 17.50 and 18.00 – CIBC

[ad_1] Share: Economists at CIBC Capital Markets expect the USD/MXN pair to extend its decline in the coming months.  Long MXN positions look overstretched by a number of metrics Although long MXN positions look overstretched by a number of metrics, we are reducing our Q3 and Q4 USD/MXN forecast to 17.50, and 18.00,

USD/MXN sinks after a soft US Nonfarm Payrolls report, risk appetite improvement

[ad_1] Share: USD/MXN drops more than 1.50%, but clings to the 17.0000 psychological level. US jobs data came soft, thus decreasing the chances for additional tightening by the Federal Reserve. Upcoming economic data includes the US inflation report, Balance of Trade, and Fed speakers, while in Mexico, Consumer Confidence and inflation rate will

USD/MXN Short-Term Rally Continues as US Treasury Yields Climb

[ad_1] USD/MXN, JPY/MXN – Prices, Charts, and Analysis USD/MXN bounces after posting a multi-year low. Will demand for EM currency yield continue to boost the Mexican Peso? Recommended by Nick Cawley Get Your Free USD Forecast One of the star FX performers over the last three years, the Mexican Peso is currently giving back a

USD/MXN falls to lows since 2015 following US Core CPI

[ad_1] Share: USD/MXN printed a fresh cycle low on Friday of 16.62 and is poised to close a 1.70% weekly loss. Core US CPI retreated to 4.1% YoY in June. Falling US yields limit the Greenback’s advance as markets start to place bets on the September meeting. On Friday, the USD/MXN pair fell

USD/MXN به پایین‌ترین سطح YTD از 16.8000 گذشته در بحبوحه کاهش تورم ایالات متحده، چشم به 16.3000 می‌رسد.

[ad_1] اشتراک گذاری: USD/MXN ضررهای خود را افزایش داد و از مرز 16.80 گذشت، زیرا پزو مکزیک از کاهش تورم ایالات متحده سود می برد. اداره آمار کار ایالات متحده نشان می دهد که قیمت های واردات و صادرات رو به کاهش است و گزارش های قبلی در مورد کاهش قیمت های مصرف