Futuro del peso mexicano 16-11

 

  • USD/MXN open NY 19.1756 well below Wed 19.2470 cls; o/n 19.2580-19.1385
  • Wed NAFTA angst abates, Mexico open to 5-yr review in lieu of sunset clause
  • Lingering headwinds- NAFTA, MX inflation & successor for Banxico’s Carstens
  • USD/MXN supt 19.1385 Thurs low, rising 21-DMA 19.1070, 19.00 Nov 10 low
  • Res 19.2120 pullback high from Thurs low, 19.2407 dly pvt, 19.37 Wed high
  • MXN 1-wk/mos vol remains firm, 1-mos includes Dec 13 Fed meet

Futuro del peso mexicano 16-11

 

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