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USD/MXN (MXN=X)
| Previous close | 19.9619 |
| Open | 19.9619 |
| Bid | 19.9670 |
| Day's range | 19.9367 - 19.9790 |
| 52-week range | 19.5369 - 22.9065 |
| Ask | 19.9800 |
- FX Empire
USD/MXN Price Analysis: Peso Gains One Over Greenback
The Mexican Peso performed well against the US Dollar today after losing for the past few days, with the USD/MXN pair slipping below 20.000 for the first time in days
- Reuters
Rally in emerging market commodity currencies to roll on: Reuters poll
Emerging market strategists were cautiously optimistic that the sector's commodity-linked currency rally would continue in coming months, but a much slower pace of vaccine rollouts will keep high-yield seekers nervous, a Reuters poll found on Friday. One-third of 45 strategists in the May 28-June 3 Reuters poll said the rally in commodity-related emerging market currencies would continue for six months while 14 said it would last up to a year. High-yielding currencies like South Africa's rand and the Mexican peso have ended four of the last six quarters on a stronger foot, boosted by commodity price rallies and as COVID-19 restrictions dented global trade.
- FX Empire
Bullish Looking Crude Oil May Push USDMXN Even Lower
Today we will talk about risk-on sentiment and how to take it into account when analyzing Crude oil and USDMXN.
