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USD/MXN higher, CPI beat lifts USD, Yellen speech up next

Source: Thomson Reuters US CPI beat lifts USD broadly, USD/MXN edges higher RM/levered accounts exiting USD/MXN shorts ahead of US holiday weekend USD/MXN resistance at 15.3565 trend channel top, Banxico offer 15.4611 ca…

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USD/MXN higher, CPI beat lifts USD, Yellen speech up next
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Source: Thomson Reuters


  • US CPI beat lifts USD broadly, USD/MXN edges higher 

  • RM/levered accounts exiting USD/MXN shorts ahead of US holiday weekend

  • USD/MXN resistance at 15.3565 trend channel top, Banxico offer 15.4611 caps

  • Support 15.2726 daily pivot resistance (former resistance)

  • Oil/USTs highly correlated with USD/MXN fall, Yellen speech up next

  • Despite 'unlikely' June liftoff, market eyes hikes down road in '15

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