• USD/MXN slipped hit one week low on Wednesday as investors monitored more U.S.tariff announcements and awaited more clarity on the pick for a Federal Reserve governor.
• In his latest move, U.S. President Donald Trump imposed an extra 25% tariff on India in response to its continued purchase of Russian oil. India, along with fellow BRICS members South Africa and Brazil, now faces some of the highest U.S. tariffs.
Investors are closely watching for Trump’s upcoming nomination to fill a vacancy on the Federal Reserve Board and his shortlist of candidates to succeed Fed Chair Jerome Powell.
•President Trump said Tuesday he will announce a Fed Board nominee by week’s end and has narrowed down candidates to replace Chair Jerome Powell.
• At GMT 16:47,the dollar was down 0.47 % at 18.647 against Mexican peso.
• Immediate resistance is located at 18.716(SMA 20), any close above will push the pair towards 18.896(38.2%fib).
• Support is seen at 18.538(23.6%fib) and break below could take the pair towards 18.452(Lower BB).
Recommendation: Good to buy around 18.580 with stop loss of 18.500 and target price of 19.100


Gold Tumbles Below $4400 Amidst Hawkish Fed Signals: Sell Rallies for Targets Near $4200
FxWirePro: NZD/USD edges higher ahead of RBNZ decision
FxWirePro:EUR/NZD gains some ground but outlook is bearish
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
Major Pair Currency Scores: USDCHF Leads as Bullish Contender and major levels to watch
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs
FxWirePro: GBP/NZD downtrend loses steam but outlook still bearish
FxWirePro: GBP/USD cedes early gains ,outlook bearish
FxWirePro: USD/ZAR bears maintain upper hand
EURUSD Dips Below 1.1600 Amidst Dollar Strength: Bearish Bias Favors Selling Rallies
FxWirePro: GBP/AUD stuck in range but maintains bearish bias
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets
FxWirePro: EUR/ AUD gains slightly but remains on bearish path
AUDJPY Pares Gains: Bullish Trend Intact Above 114 Despite Profit-Taking
NZDJPY Faces Downward Pressure as 95.40 Resistance Holds Firm 



