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USD/MXN drifts lower with US yields, holds 55-HMA support by 15.3600

USD/MXN opens Noram by 15.3700, holds 55-HMA support, drifts lower with US yields 50% Fib at 15.4695 caps, support at 100-HMA (15.3340), resistance 15.4405 Tues high Mex econ act/1st half-mos inflation at 9AM NYT, US fin…

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  • USD/MXN opens Noram by 15.3700, holds 55-HMA support, drifts lower with US yields

  • 50% Fib at 15.4695 caps, support at 100-HMA (15.3340), resistance 15.4405 Tues high

  • Mex econ act/1st half-mos inflation at 9AM NYT, US final Q1 GDP at 8.30AM

  • Mex econ act remains challenging, will hint at Banxico ability to hike with Fed

  • No deal for Greece, Ekathimerini: Govt rejects lenders counter-proposal

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