Tag: usdmxn
USDMXN Set to Hit the 17.00 Round Number
USDMXN has been trading lower since its peak in April 2020. This pair is important due to its correlation with the USDindex and its...
The summer week when the dollar sold off – EMs know how to smile...
The US Dollar was -3.32% down from 102.86 at last Thursday's close to 99.45 at yesterday's settlement. This is how far the USD basket...
The Latin Charm of the Mexican Peso – MXN
According to Bloomberg, the Mexican Peso (MXN) is the best performing 'major' currency in 2023, up almost 11% against the US dollar, at a...
Emerging Market Currencies Around 19.0000
USDIndex, Daily
The USDIndex has stabilised after correcting yesterday in the wake of US bank troubles that pulled global stock markets lower. Wednesday's post Powell...
USDMXN almost at a 3-year low
The Mexican Peso advanced on Wednesday to levels not seen in almost three years (February 21, 2020) as investors keep an eye on the...
EU Sanctions and Energy Currency Gains
Crude oil prices rose to two-month highs earlier in the week as the European Union awaited a possible agreement to boycott oil from Russia,...
