by Ryan Littlestone | February 13th, 2020, 18:02:48 | Central Banks, News
Banco De Mexico is expected to cut rates by 25bps to 7.0%. Here’s a preview from our South & Central American expert Jorge The majority of analysts believe the estimates for inflation will allow BANXICO to continue with decreases in the reference interest...
by David Terrell | November 19th, 2018, 14:25:56 | Technical Analysis
What does the technical picture in USDMXN look like now? For those of you who follow this pair I wrote a comprehensive (for me anyway!) piece last week. I thought I would give a quick update a week on. What we know. Well, Banco de Mexico raised interest rates by 25...
by K-man | November 14th, 2018, 15:28:47 | Central Banks
Tomorrow’s Mexico CB interest rate preview on 14.11.2018. Good FT piece(Mexico AMLO vs financial markets.) on the context that lead to the MXN selloff we’re seeing. We’ve mentioned most of them along the road, but I must admit the confidence...
by David Terrell | November 12th, 2018, 12:25:18 | Technical Analysis
Sombreros, tequila, airport jobs, Obrador and a spiky cactus up one’s butt. Trading USDMXN is NOT for the faint hearted This pair has been the source of fantastic profit over the last year. However, the tide has turned and Mr Market is getting back what I’ve taken. I...
by Ryan Littlestone | August 28th, 2018, 16:20:30 | News, Technical Analysis
US and Mexico relationship might be blooming but three might be a crowd for MXN The potential switch into trilateral NAFTA talks might put a temporary end to my USDMXN shorts. The US and Mexico have been getting along fine but the whole NAFTA thing relies on Canada...
