Chart USD/MXN Update: Choppy trade

April 10, 2025 4:27 PM UTC

The test above resistance at 21.0000 has been sharply rejected

USD flows: Another partial climbdown from Trump, uncertainty persists

April 9, 2025 6:12 PM UTC

Stocks have surged on the latest Trump announcement, a 90-day pause on tariffs with the reciprocal rate lowered to an across the board 10%, coupled with a fresh escalation with China, moving to 125% from 104%.  It appears China’s retaliation has given Trump an excuse to partially back down elsewh

USD flows: Mixed tariff bag, some relief for Canada and Mexico, Japan and EU hit

April 2, 2025 9:30 PM UTC

The Trump tariff announcement is a mixed bag, with some relief for Canada and Mexico but aggressive action on Japan and the EU, as well as several developing nations.  The net impact is probably not much off expectations for the US economy, which will face somewhat higher inflation and somewhat slo

Chart USD/MXN Update: Pullback from 20.5000

April 1, 2025 3:45 PM UTC

Cautious trade around congestion support at 20.0000 has given way to a steady bounce to congestion resistance at 20.5000

Chart USD/MXN Update: Leaning lower in cautious trade

March 24, 2025 4:27 PM UTC

The bounce from the 19.8430 fresh 2024 year low of 14 March is meeting selling interest around the 20.2000 break level

Chart USD/MXN Update: Gains to remain limited in consolidation

May 13, 2024 4:15 PM UTC

The anticipated break below 16.8000 has met buying interest above congestion support at 16.650