EU and Mexico sign a new free trade pact on 21.04.2018

This should diminish the pressure on the MXN, which had lost 3% over the course of the week, spooked by the strong performance in opinion polls by leftist Andres Manuel Lopez Obrador in the run-up to the July 1 presidential election.

USDMXN opens the week around 18.53, down from an 18.56 ish close after hitting as high as 18.68 on Friday. 18.44 is seen as the first intermediate support.
Reuters has this on the trade pact

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

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