Friday, October 16, 2026

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USD/MXN drifts lower with broad market, probes 100-HMA support by 15.59

USD/MXN drifts lower with broad market in early NY trade, oil up 2+% Weak China CPI on back of Mon trade miss hits equities, has USD offered USD/MXN probes 100-HMA (15.5883) support, below eyes daily Tenkan by 15.5268 Mo…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD/MXN drifts lower with broad market in early NY trade, oil up 2+%

  • Weak China CPI on back of Mon trade miss hits equities, has USD offered

  • USD/MXN probes 100-HMA (15.5883) support, below eyes daily Tenkan by 15.5268

  • Momentum studies move below overbought, Mexico inflation data likely non-event

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By FxWirePro Team